RE: Caterham CEO steps down, VT boss steps in
RE: Caterham CEO steps down, VT boss steps in
Thursday 6th November 2025

Caterham CEO steps down, VT boss steps in

Sooner than expected, Bob Laishley departs Caterham with immediate effect


It’s been a busy period for Caterham of late. There’s been the opening of a smart new production facility, the introduction of the first turbo engine for the Academy race car, plus a preview of what electrification could offer with the Project V. During that time the entire operation has been led up by Bob Laishley; he was recruited as Chief Strategic Officer in 2021, then occupied the CEO/COO role from June 2022. Now he is to leave the company with immediate effect. 

All that’s been said by Caterham of his departure is that Laishley has ‘stepped down’; there’s no word on whether he’s finally retiring, or moving to another business. There’s no comment from Laishley in the brief press release, either. Add to that the fact that PH received a tip off about the former Nissan man’s departure a couple of weeks ago and it does rather seem like it’s an abrupt exit. For the moment, the Dartford day-to-day will be dealt with by Trevor Steel, CFO and Operations Director; Kazuho Takahashi, president and founder of Caterham owners VT Holdings, will have to get some new business cards made up, as Caterham Chief Executive is now being added to his titles. 

Takahashi added of the personnel change: “I would like to thank Bob, on behalf of everyone at Caterham, for his work over the last four years. He has played an important role in overseeing the move to our new global headquarters in Dartford and securing the long-term future of our iconic car.”  

So that’s that. For the moment, it isn’t clear whether Takahashi will continue as permanent CEO, or if another replacement for Laishley will be sought. We’ll keep you posted. For now, PH wishes Bob all the best in his future endeavours; he was always good company whether at the factory or the track, and, more importantly, he is acknowledged to have made real and lasting changes at a firm he clearly loved. Caterham always felt in good hands with him at the helm; let’s hope that continues long into the future as well. 


Author
Discussion

leggerito

Original Poster:

94 posts

11 months

Wednesday 5th November 2025
quotequote all
I was thinking about the Project V earlier this week. It's been a while since we heard any updates on that front.

BertBert

20,799 posts

233 months

Wednesday 5th November 2025
quotequote all
leggerito said:
I was thinking about the Project V earlier this week. It's been a while since we heard any updates on that front.
maybe there's a connection?

SuperSonicSloth

158 posts

94 months

Wednesday 5th November 2025
quotequote all
Given the seismic shifts going on right across the automotive landscape, I think it's to be expected that Caterham are biding their time with it. Plenty of marques with far deeper pockets have already been burned quite spectacularly.

Arguably Caterham owes much of it's survival to the fact it has remained static while the world has evolved around it.

Best wishes to Bob, regardless. Thank you for steering an awesome company and may they continue to be awesome.

leglessAlex

6,612 posts

163 months

Wednesday 5th November 2025
quotequote all
Hard to see such unexpected news as good news? But hopefully it's nothing that's going to damage Caterham as a company.

I'm looking forward to Project V if it ever appears, but I'll conceed I'm one of few that are.

Caterhamfan

345 posts

192 months

Wednesday 5th November 2025
quotequote all
That new facility looks amazing. I bought my first Seven (a 1969 Series 3 Lotus) in 1974 from the premises at Caterham-on-the-Hill
(Photo from Chris Rees' Caterham Seven book)
I used to peer through the chain link fence at weekends, looking at the cars in the yard smile
I've got a photo of the car somewhere, I'll have to see if I can find it. I paid 995 pounds for it and thought I did well to sell it for the same amount 18 months later - just before prices started shooting up. Oops!

Bobby Lee

269 posts

77 months

Wednesday 5th November 2025
quotequote all
Caterhamfan said:
That new facility looks amazing. I bought my first Seven (a 1969 Series 3 Lotus) in 1974 from the premises at Caterham-on-the-Hill
(Photo from Chris Rees' Caterham Seven book)
I used to peer through the chain link fence at weekends, looking at the cars in the yard smile
I've got a photo of the car somewhere, I'll have to see if I can find it. I paid 995 pounds for it and thought I did well to sell it for the same amount 18 months later - just before prices started shooting up. Oops!
I’d recommend the tour to anyone who hasn’t done it yet. It’s a great facility and the guides were excellent. Genuinely answered any question without any corporate speak.

lmmo

8 posts

137 months

Wednesday 5th November 2025
quotequote all
Caterhamfan said:
That new facility looks amazing. I bought my first Seven (a 1969 Series 3 Lotus) in 1974 from the premises at Caterham-on-the-Hill
(Photo from Chris Rees' Caterham Seven book)
I used to peer through the chain link fence at weekends, looking at the cars in the yard smile
I've got a photo of the car somewhere, I'll have to see if I can find it. I paid 995 pounds for it and thought I did well to sell it for the same amount 18 months later - just before prices started shooting up. Oops!
Fun fact: £995 in 1974 would be equivalent to approximately £16,318 in 2025, when adjusted for UK inflation.

Caterhamfan

345 posts

192 months

Thursday 6th November 2025
quotequote all
lmmo said:
Fun fact: £995 in 1974 would be equivalent to approximately £16,318 in 2025, when adjusted for UK inflation.
1974 Fun fact - it was 6 months' wages for me back then, bought on HP wink

GianiCakes

567 posts

95 months

Thursday 6th November 2025
quotequote all
Bobby Lee said:
I d recommend the tour to anyone who hasn t done it yet. It s a great facility and the guides were excellent. Genuinely answered any question without any corporate speak.
I’m seeing that picture of the new facility for the first time. Definitely something i need to see.

Caterhamfan

345 posts

192 months

Thursday 6th November 2025
quotequote all
lmmo said:
Caterhamfan said:
That new facility looks amazing. I bought my first Seven (a 1969 Series 3 Lotus 1600GT) in 1974 from the premises at Caterham-on-the-Hill
(Photo from Chris Rees' Caterham Seven book)
I used to peer through the chain link fence at weekends, looking at the cars in the yard smile
I've got a photo of the car somewhere, I'll have to see if I can find it. I paid 995 pounds for it and thought I did well to sell it for the same amount 18 months later - just before prices started shooting up. Oops!
Fun fact: £995 in 1974 would be equivalent to approximately £16,318 in 2025, when adjusted for UK inflation.
and here it is, in front of my Dad's Mk2 Cortina smile


giveitfish

4,267 posts

236 months

Thursday 6th November 2025
quotequote all
Matt Windle ex Lotus happens to have time in his hands right now…

He already has extensive experience in failing to launch a EV sports car.


Virtual PAH

247 posts

6 months

Thursday 6th November 2025
quotequote all
SuperSonicSloth said:
Given the seismic shifts going on right across the automotive landscape, I think it's to be expected that Caterham are biding their time with it. Plenty of marques with far deeper pockets have already been burned quite spectacularly.

Arguably Caterham owes much of it's survival to the fact it has remained static while the world has evolved around it.

Best wishes to Bob, regardless. Thank you for steering an awesome company and may they continue to be awesome.
Surely they've edged their bets with the new chassis so it can also be used for ICE or hybrid if the EV path ends up a fools errand.

Porsche and others are realising full EV is full retard given the EU/UK governments short sighted restrictions on ICE when the infrastructure is nowhere near ready and doesn't look like being. Any maker betting on pure EV is either Tesla or an idiot like Jaguar. Those making the EV rules will be long gone before the full pain of them is felt, it's inevitable there will be a backtrack as the car makers put pressure on them in order to survive by being allowed to sell cars people actually want to buy.

So ironically EVs like Project V may become the niche as the masses aren't ready for EV, though not sure enough people will want an EV sports car if there's an ICE option available either from the same maker or a competitor. Therefore better to be able to offer both.


nismo48

6,123 posts

229 months

Thursday 6th November 2025
quotequote all
Caterhamfan said:
That new facility looks amazing. I bought my first Seven (a 1969 Series 3 Lotus) in 1974 from the premises at Caterham-on-the-Hill
(Photo from Chris Rees' Caterham Seven book)
I used to peer through the chain link fence at weekends, looking at the cars in the yard smile
I've got a photo of the car somewhere, I'll have to see if I can find it. I paid 995 pounds for it and thought I did well to sell it for the same amount 18 months later - just before prices started shooting up. Oops!
Quite humble beginnings

620S

429 posts

220 months

Thursday 6th November 2025
quotequote all
I had a few issues with my new build Caterham which could be better but should be expected for a hand built car until things settle in. I had a few exchanges with Bob, he was always helpful and went the extra mile to help so with much gratitude Bob all the best!

GTRene

20,706 posts

246 months

Thursday 6th November 2025
quotequote all
leggerito said:
I was thinking about the Project V earlier this week. It's been a while since we heard any updates on that front.
me as well, a lovely car as far as I've seen.

maybe with the 'new' way of charging and as use for home batterie, it makes it even more interesting, a driving home batterie.

so when you're at home, not using the lovely Project V Caterham, you connect it to your home/solar panels, saves the money for a expensive powerfully home batterie.

then when you are in for a drive, disconnect and drive with the power it has, after your drive simply connect it to your home again and use the batterie as a home off grid batterie to use it for electric power in your home.

which then can also be some sort extra protection against theft, because as soon as the cable is disconnected it gives a signal.

Kipplemaster

78 posts

229 months

Tuesday 11th November 2025
quotequote all
Surely going straight from the 7 to Project V is missing at least one step. Shouldn’t they start making Mark 1 Elises first 😀

leggerito

Original Poster:

94 posts

11 months

Tuesday 11th November 2025
quotequote all
Kipplemaster said:
Surely going straight from the 7 to Project V is missing at least one step. Shouldn t they start making Mark 1 Elises first?
If somebody built 'new' S1 Elises using the old Lotus tooling, I'd buy two.

GTRene

20,706 posts

246 months

Tuesday 11th November 2025
quotequote all
leggerito said:
Kipplemaster said:
Surely going straight from the 7 to Project V is missing at least one step. Shouldn t they start making Mark 1 Elises first?
If somebody built 'new' S1 Elises using the old Lotus tooling, I'd buy two.
I think they will at some point, they already making some 'restomod' of those (not cheap)

but yeah, they are pure, lightweight, still have winddown windows and a roof and ow, a manual hehe so a complete 'usable' car.

Iamscotticus

5 posts

88 months

Perhaps VT isn't fan of the HORSE lump? A bonnet bulge to clear the piping? banghead

The 7 has become too expensive and complex with the limited ICE options for power now. Caterham has become too large. Sales goals are too lofty. Potential buyers aged under 45 are raised on video games, not wrenching on things. So the best most extreme shiny thing appeals to them, as long as they don't have to change the oil, they don't know that stuff.

Caterham doesn't need to compete with anyone, just build inexpensive, moderately powered simple Lotus 7 based roadsters. Cat has built itself into a corner as a high end toy for the rich or retired, which gets sold three years later due to the unexpected brutality and vulnerability of 7 driving.

These over complex and expensive 7s drive new buyers to the pre-owned market where they can find a 80-90s 7 that can be dialed in with a screwdriver on the idle mixture screw and a hotter plug.

Ford will make Crossflow blocks. Build a bunch with CNC heads and sell replicas. The spec might just inspire a racing class. Oh, there is one, Formula Ford! Caterham Formula Ford Special edition. It just might get a young man away from Tic-Tok and into some real fun.

Sidelining the the EV 7 until the battery tech will allow for a track car?
Really bad decision. The EV development should continue toward a viable touring 7. Let the owners find ways to squeeze more juice out of batteries. I believe the EV is the best option for the continued existence of the 7 as long as ICE options continue to run out.