Do More With Reuters
Partner Services

Motor racing-Force India ring changes at the top

Thu Oct 15, 2009 2:51am IST
 
Email | Print | | Single Page
[-] Text [+]

By Alan Baldwin

SAO PAULO, Oct 14 (Reuters) - Former Honda executive Otmar Szafnauer will replace Simon Roberts as Force India's chief operating officer from the end of the Formula One season, the team said on Wednesday.

Roberts, who had been in charge of the day to day running of the team, had been on secondment from McLaren as part of a cooperation agreement and will continue in his position until Nov. 2.

Quiet and meticulous, he had previously been McLaren's director of operations.

Force India's owner, the liquor and aviation mogul Vijay Mallya, and McLaren team boss Martin Whitmarsh addressed staff at the Silverstone factory on Wednesday to announce the management reshuffle.

"We are sad to see Simon go as he has been a crucial linchpin," said Mallya in a statement ahead of Sunday's Brazilian Grand Prix. "However he was always on secondment and we knew we would have to let him return to the McLaren fold.

UPWARD TREND

"We are confident that Otmar, with his wealth of F1 experience, will be a worthy successor and will continue the strong upward trend we have seen in the last half of the season."   Continued...

Construction workers work at a site as the sun sets in Chandigarh in this December 2006 file photo. REUTERS/Ajay Verma
Economy seen growing at 7.2 pct in FY10 - govt

The forecast reinforces the possibility that the government may start to unwind its fiscal stimulus in the budget.  Full Article 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives
Greece's Finance Minister Papaconstantinou addresses reporters during a news conference in Athens, January 20, 2010.
Eurozone agreed in principle to aid Greece

Euro zone countries have decided in principle to help debt-stricken Greece, a senior German ruling coalition source said.  Full Article 

FROM THE MARKETS

After the Bell
After the Bell

Reuters Money's Kshitij Anand updates you on the movers and shakers of the Indian stock market.  Blog 

SHOWCASE

"Claw Back" Pay
"Claw Back" Pay

Banks and regulators hope that threats to "claw back" pay if trades later blow up will rein in risk taking on Wall Street.  Full Article 

 
James Saft
Blaming Asperger's

COLUMN - Did Asperger's help cause the financial crisis?  Full Article 

 
Going Global
Going Global

With Volvo, Chinese eye M&A abroad to win at home.  Full Article 

 
Delivery Woes
Delivery Woes

Boeing 787 delivery schedule could slip - experts.  Full Article 

 
Central Banks Cautious
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.   Full Coverage