News Details
Lotus reportedly struggling financially
August 6th, 2013 - Troubling signs of financial weakness are emerging from Lotus. The 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 of 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 »
Full Story »
13y ago from F1Plus.com
0
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
Mercedes hopeful over planned upgrades
Ross Brawn has explained that Mercedes will not ease off its car...
13y ago from GPUpdate.net
Rising Stars: Interview with Stephane Richelmi
After switching to reigning GP2 Constructors’ Champions, DAMS, for the...
13y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
Franco Morbidelli on securing most coveted WSBK ride:...
No description available...
4h ago from Motorsport.com
Pedro Acosta: "I'm going to Ducati to learn from...
No description available...
5h ago from Motorsport.com
Jorge Martin: “I don’t feel I will struggle...
No description available...
1d ago from Motorsport.com
Pedro Acosta proposes new idea for monitoring tyre...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: Why IndyCar’s updated licensing system fails...
No description available...
17h ago from Motorsport.com
IndyCar’s IR-28 ‘a very nice car to drive' in...
IndyCar’s next generation car completed another milestone earlier in...
22h ago from MotorsportWeek.c...
Alex Palou to drive Indy NXT machinery in Chris...
No description available...
23h ago from Motorsport.com
Josh Pierson earns IndyCar license approval after...
The NTT IndyCar Series has granted Josh Pierson approval to seek a seat...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
M-Sport’s 2027 WRC Fiesta Kit car breaks cover
No description available...
1d ago from Motorsport.com
Adrien Fourmaux confident of WRC drive despite 2027...
No description available...
2d ago from Motorsport.com
Sebastien Loeb tests new Project Rally One 2027 WRC car
No description available...
5d ago from Motorsport.com
WRC expands 2027 calendar to 15 rounds as USA, UK...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Liverpool make progress on talks with attacker amid...
Liverpool are making progress in securing Rio Ngumoha’s long-term...
2d ago from CaughtOffside.com
Saka replacement? Arsenal considering ambitious move...
Arsenal are reportedly keeping a close eye on Michael Olise's situation at...
2d ago from CaughtOffside.com
'We've seen flashes…' – Arsenal legend...
Arsenal legend Nigel Winterburn has suggested that Bukayo Saka still isn't...
1d ago from CaughtOffside.com
Carragher praises Arsenal star by calling him...
Jamie Carragher believes Elliot Anderson has already established himself...
2d ago from CaughtOffside.com
Comments
Hottest News
Haas confirm NEW F1 driver for the 2027 season
Haas have confirmed the signing of young... Read More »
53m ago from GPFans.com
Rafael Camara outlines priorities for preparation of debut...
Rafael Camara has acknowledged there is a “lot... Read More »
53m ago from MotorsportWeek.com
Haas boss reveals crucial moment new F1 signing showed...
Haas Team Principal Ayao Komatsu has indicated... Read More »
43m ago from MotorsportWeek.com
