Albers was appointed team principal following a takeover that involved Colin Kolles and a consortium of Swiss and Middle Eastern investors.
“Over the past months I have dedicated all my energy to ensure the takeover of the team would go as smoothly as possible and to achieve the best possible result for our investors, sponsors and all the people involved with Caterham F1 Team,” wrote Albers in a press release.
“As such I worked tirelessly to reconstruct the team while, at the same time, making technical updates on the car. In doing this we created both a better foundation for the team’s future and achieved significant improvements on the speed of the car.
“Due to private reasons and in order to be able to spend more time with my family, I will resign from my position as CEO of Caterham F1 Team. I wish the team all the best in the future.”
Caterham’s deputy team principal Manfredi Ravetto has taken over from Albers.
After Albers’ departure, former Williams F1 CEO, Adam Parr, sent the following tweet: “This is the last year of F1 as we know it. In 2015 eight teams will contest the championship, with several teams entering three cars.”
Looks like Parr is aware that three teams in (serious) financial difficulties will close their doors at the end of the season, which would allow the major teams to run three cars next year.