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
Pedro Acosta's potential is 'scary', says crew chief...
No description available...
16h ago from Motorsport.com
Luca Marini hit in chest by debris in Austrian GP:...
No description available...
18h ago from Motorsport.com
Why KTM must stay humble after Pedro Acosta’s win:...
No description available...
17h ago from Motorsport.com
Winners and losers from MotoGP’s unusual Austrian...
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
Abbi Pulling headlines 11-driver Indy NXT test at...
No description available...
4d ago from Motorsport.com
Foyt signs Dennis Hauger for 2027 IndyCar season
AJ Foyt Racing has announced that it is brining on Dennis Hauger for the...
5d ago from MotorsportWeek.c...
AJ Foyt Racing signs reigning IndyCar Rookie of the...
No description available...
5d ago from Motorsport.com
From Värnamo to victory lane: Hometown hero Felix...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Factory WRC driver Esapekka Lappi to pause...
No description available...
13h ago from Motorsport.com
BBC to show the World Rally Championship on the telly
For the first time since 2001, BBC will broadcast the FIA World Rally...
1d ago from MotorsportWeek.c...
First WRC27 machine unveiled
Project Rally One has publicly unveiled its new WRC27 car for the first...
1d ago from MotorsportWeek.c...
Project Rally One unveils 2027 WRC challenger, targets...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal interest prompts Liverpool to accelerate plans...
Liverpool are reportedly preparing to offer Rio Ngumoha a new contract as...
6h ago from CaughtOffside.com
Liverpool join Arsenal and Manchester City in race for...
Liverpool have reportedly joined Arsenal and Manchester City in monitoring...
8h ago from CaughtOffside.com
After Cole Palmer, Arsenal star also pulls out of...
England boss Thomas Tuchel faces a mounting injury crisis ahead of the...
12h ago from SportsKeeda.com
Supercomputer predicts final Premier League table...
A supercomputer has predicted that Manchester City will beat Arsenal to...
15h ago from SportsKeeda.com
Comments
Hottest News
Norris and Verstappen reveal how Antonelli needs to...
Andrea Kimi Antonelli’s remarkable 2026 Formula... Read More »
8h ago from F1Technical.net
F1 backed into a corner after bold Melbourne decision on...
The Australian Grand Prix organisers have ruled... Read More »
7h ago from GPFans.com
F1 insider calls for FIA rule change as...
Respected F1 insider Peter Windsor has called on... Read More »
6h ago from GPFans.com
