Caterham F1 have confirmed today that EADS, an aerospace and defence group, has joined the team as an official partner.
This is one of those deals which don’t appear to mean much at first glance, but which on closer inspection is quite significant. It means that Caterham will be able to outsource a significant amount of CFD and use the computing power of EADS, which has a significant value. To pay for that capability in house would be many millions.
EADS is a leader in aerospace, defence and related services; it owns the aircraft maker Airbus, and Astrium, a European leader in space programmes.
“EADS joins not only our F1 team but the whole Caterham Group as we evolve from an F1 team into the wider automotive and specialist consultancy service that the various arms of Caterham Group represent,” said Team Principal Tony Fernandes.
There is a fair bit going on around the team at the moment, with the move to Leafield and announcements about the composites department, one of which involves the partnership with EADS.
Away from motorsport the Caterham Group are to use EADS’ knowledge and expertise as they also look to break into the aerospace market. “Right now Caterham Composites and Caterham Technology and Innovation are involved in programs that utilise the specialist skills that both companies have in composite design and manufacturing, including a revolutionary lightweight aircraft seat and an in-flight entertainment system that will showcase the benefits composite materials provide on a global scale,” added Fernandes.
With many of the main building blocks of a serious F1 team in place, now the pressure is on Mark Smith, John Iley and the technical team to produce a 2013 challenger that takes them into the heart of the midfield.