News Details
Lopez slams reports of financial woes
Chairman Gerard Lopez has slammed reports that Lotus is in financial trouble as "unfair" to those working for the team.
Earlier this week, Germany's Motorsport-Total reported that the Enstone-based team is "in financial trouble" and fighting for "survival."
The team, the article alleges, is in debt to the tune of €120m ($160m) with salaries paid late and "suppliers and service providers" also not getting their money on time.
Lopez, however, says the debt is not "real" debt and that all salaries have been paid on time.
"On the €120 million debt, anybody half-smart can find out that number by going to Companies House records...
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12y ago from PlanetF1.com
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