The Caterham Group, comprising of the Caterham F1 Team, the GP2 team Caterham Racing and Caterham Cars have announced plans to relocate from their current site in Norfolk to a new home in Leafield, Oxfordshire, in August 2012.
Team Principal Tony Fernandes believes that the move will help both teams continue to establish themselves as serious contenders for long-term honours in the FIA Formula One World Championship and the GP2 support series.
Mr Fernandes explained: "The factory in Hingham has been our home since we were first granted our entry into the F1 World Championship in September 2009 and it has served us extremely well, giving us the perfect platform to establish both the F1 team and our GP2 team in the first stages of our development.
"We propose moving the F1 and GP2 teams to the new site in or around August 2012, giving us ample time to build up the infrastructure required to house all the critical elements of both teams, and propose moving Caterham Cars into a new, bespoke development and production facility on the same site in due course. "
See more of the range of Caterham race cars in the video from the recent Autosport International Show below: