Mark Gallagher, general manager of Cosworth’s Formula 1 unit, has decided to leave the engine supplier after two years in his role.
Gallagher has overseen the companies return to F1, originally with HRT, Team Lotus, Virgin and Williams. However, the company lost its supply deal with Team Lotus at the start of 2011 and will lose Williams at the beginning of the next season.
In a brief statement, Gallager outlined the reason behind his departure is to focus on his GP3 team, Status Grand Prix, which finished second last season.
“It has been a great privilege to run Cosworth’s F1 business for over two years and work with such talented people,” said Gallagher. “Next year will be my 30th in professional motorsport and I have a number of ambitions for the future, hence my decision to move on.
“They include helping Status Grand Prix and my partners Teddy Yip and David Kennedy to achieve their objectives in GP3 and beyond. It has been very rewarding to play my part in Cosworth’s return to F1 and I wish the company, its management and staff every success for the future.”
Kim Spearman will takeover Gallaghers role at Cosworth.