News Details
Lotus sells 35 percent stake to investor
The Lotus F1 Team has sold a 35 percent stake to Infinity Racing Partners Limited (Infinity Racing), a consortium made up of various private investors. The group includes an American hedge fund manager, a multinational business group based in Abu Dhabi and royal family interests of a major oil producing nation. Genii Capital, who had owned 100 percent of the team, retain a controlling stake of 65 percent, with Gerard Lopez continuing as the Enstone-based outfit's Chairman, while Eric Lux, CEO of Genii Capital, will keep his role on the Board of Directors. "Infinity Racing’s principals have exceptional expertise and a proven strong track record in developing and delivering high...
Full Story »
Full Story »
12y ago from GPUpdate.net
0
You May Also Be Interested In...
F1 2013 – Lotus strengthen financial position with...
Lotus F1 Team has new part-owners as of today, with Infinity Racing...
12y ago from F1.co.uk
Lotus sells stake to investment group
Lotus owner Genii Capital has sold a 35 per cent stake in the team to new...
12y ago from AutoSport.com
F1 2013 – Boullier sure Lotus will recover
Lotus team boss Eric Boullier is confident Lotus will be fighting at the...
12y ago from F1.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Pirelli doesn't intend to make a "Marquez"...
No description available...
1d ago from Motorsport.com
Inside Marc Marquez’s new approach to racing after...
No description available...
3d ago from Motorsport.com
‘A World Champion cannot do a mistake like that'...
Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...
4d ago from MotorsportWeek.c...
Jorge Martin escapes injury but hit with penalty for...
No description available...
1w ago from Motorsport.com
Popular On IndyCarToday.com
Longtime IndyCar team owner Dennis Reinbold passes...
Dreyer and Reinbold Racing announced Sunday that the team’s owner and...
6h ago from MotorsportWeek.c...
Longtime IndyCar team owner Dennis Reinbold passes away
No description available...
7h ago from Motorsport.com
IndyCar Officiating details infraction severity levels
IndyCar Officiating has released more specific information regarding the...
2d ago from MotorsportWeek.c...
Myles Rowe: Historic Indy NXT Win at WWTR proves ‘I...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Loeb to make traditional stage rallying...
No description available...
3d ago from Motorsport.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
1w ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
1w ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Looks good' - Rio Ferdinand wants Arsenal target at...
Manchester United legend Rio Ferdinand has stoked transfer talk over FIFA...
51m ago from SportsKeeda.com
Papers: Arsenal chasing Morocco teenager Bouaddi
The top stories and transfer rumours from Monday's newspapers...
6h ago from SkySports.com
Arsenal begin talks with ‘amazing' teenage...
Arsenal have begun talks with Morocco sensation Ayyoub Bouaddi following...
8h ago from CaughtOffside.com
‘Why wouldn’t I?’: Eze would take England...
t;li>Eze dismisses idea of changing spot-kick technique‘If there is a...
10h ago from TheGuardian.com
Comments
Hottest News
Lewis Hamilton and Sky F1 pundit in tense exchange live on...
Seven-time F1 world champion Lewis Hamilton hit... Read More »
11h ago from GPFans.com
FIA announce LATE penalty for Mercedes star at Barcelona...
The FIA have announced a post-race penalty for a... Read More »
10h ago from GPFans.com
Norris issues chilling Ferrari prediction: ‘They’ll...
Lando Norris grabbed a lonely third-place finish... Read More »
10h ago from F1i.com
