News Details

Lotus struggling with finances?

Troubling signs of financial weakness are emerging from Lotus. The authoritative German website motorsport-total.com reports that, although in the hunt for the 2013 title, the Genii-owned outfit is "struggling to survive" under EUR 120 million in debt. For example, although Kimi Raikkonen is second only to Sebastian Vettel in the chase for the drivers' championship, development of the 2013 car is apparently all but over. Asked also about rumours of 'money problems', leading Lotus engineer Alan Permane admitted to Auto Motor und Sport: "We have not much more in the pipeline for 2013. "What was planned has already been developed and will be used in the corresponding...
Full Story »
13y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Lotus struggling with ‘money problems'

By Editor on Tuesday, August 6, 2013 Troubling signs of financial...
13y ago from F1Zone.net

Reports of Lotus cash struggles won't go away as they...

Troubling signs of financial weakness are continuing to emerge from Lotus,...
13y ago from GrandPrix247.com

Sutil not committing his future to Force India

Adrian Sutil is refusing to commit his future to Force India with a number...
13y ago from TheF1Times.com

Lotus ready to wait for Raikkonen's call says Boullier

By Editor on Thursday, August 1, 2013 Eric Boullier has admitted Lotus is...
13y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Pato O’Ward and Alex Palou earn pole for IndyCar...

Qualifying for both races of IndyCar’s double-header weekend in...

Alex Palou among drivers with IndyCar grid penalty for...

The NTT IndyCar Series has announced that multiple drivers will receive...

Christian Rasmussen looks to Milwaukee repeat to...

In last year’s IndyCar race at the Milwaukee Mile, Christian Rasmussen...

Popular On TotalWRC.com

Popular On GunnersToday.com

Aston Villa vs Arsenal Prediction and Betting Tips |...

The second round of fixtures of the 2026-27 Premier League campaign wraps...
3h ago from SportsKeeda.com

Official: Manchester United announce youngster's...

Manchester United have officially confirmed that youngster James Scanlon...
3h ago from CaughtOffside.com

13 G/A in 12 games: Why aren't Arsenal trying to sign...

Arsenal need an attacking midfielder, and yet there's one obvious name who...
4h ago from CaughtOffside.com

David Ornstein reveals what Julian Alvarez told...

The Athletic sports journalist David Ornstein has said that Atletico...
4h ago from SportsKeeda.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.