News Details

Infinity Racing spoke with three other F1 teams

Infinity Racing, the investment group who brought a 35% stake in the Lotus F1 Team, has revealed that they have been looking at entering the world of Formula One for two years and that they talked with three other teams before buying into the Enstone based squad. The consortium group announced the news on Tuesday and is composed of private investors, including an American hedge fund manager, an Abu Dhabi-based multinational business group and royal family interests of a major oil-producing nation which is thought to be Brunei. Chairman of Infinity Racing, Mansoor Ijaz, talked to Sports Pro Media and revealed that Formula One had been the plan for some time: 'We have been looking at Formula...
Full Story »
13y ago from RichlandF1.com 0
Share

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...
13y ago from F1.co.uk

Lotus F1 Team announce new investor

The Lotus F1 Team has revealed that they have a new investor in the form...
13y ago from RichlandF1.com

Genii Capital sells 35% of Lotus

Lotus owners Genii Capital has sold a 35% stake in the team to Infinity...
13y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Moto3 title leader Maximo Quiles secures Aspar Moto2...

Incumbent Moto3 championship leader Maximo Quiles will be promoted to the...

Popular On IndyCarToday.com

Pato O’Ward labels Scott Dixon ‘perfect person to...

Pato O’Ward is looking forward to being able to learn new tips and...

Popular On TotalWRC.com

Peerless Pajari takes seven from seven to lead WRC...

Sami Pajari and Marko Salminen won all seven stages on the opening day of...
53m ago from MotorsportWeek.c...

Popular On GunnersToday.com

Arsenal plotting £60m bid to sign FIFA World Cup...

Arsenal are reportedly looking to snap up Aston Villa centre-back Ezri...
3h ago from SportsKeeda.com

Bid prepared: Arsenal step up interest in signing...

Arsenal are reportedly stepping up their interest in Ezri Konsa and could...
5h ago from CaughtOffside.com

'It's a big if' …but Sky reporter explains...

Arsenal have a background interest in Julian Alvarez this summer, with Sky...
6h ago from CaughtOffside.com

Sources: Arsenal set to 'intensify' transfer mission...

Arsenal are now expected to intensify their search for a new centre-back...
10h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.