News Details
Genii sells 35% of Lotus to Infinity Racing
Genii Capital has sold 35% of its stake in Lotus to Infinity Racing but retains control of the team. Infinity Racing is an investment consortium made up 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'. The team has been without a title sponsor so far this season and Genii Capital co-founder Gerard Lopez - who remains team chairman - believes the new part-owners will help increase its sponsorship options. "Infinity Racing's principals have exceptional expertise and a proven strong track record in developing and delivering high quality technologies," Lopez...
Full Story »
Full Story »
12y ago from espnF1.com
0
You May Also Be Interested In...
Lotus sells stake to investment group
Lotus owner Genii Capital has sold a 35 per cent stake in the team to new...
12y ago from AutoSport.com
F1 2013 – Lotus strengthen financial position with...
Lotus F1 Team has new part-owners as of today, with Infinity Racing...
12y ago from F1.co.uk
Lotus sells 35 percent stake to investor
The Lotus F1 Team has sold a 35 percent stake to Infinity Racing Partners...
12y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia admits tech throwbacks but won't...
No description available...
14h ago from Motorsport.com
Marc Marquez reacts as Valentino Rossi leaves him off...
No description available...
17h ago from Motorsport.com
Aprilia warns MotoGP ‘may not be attractive' to...
Aprilia has warned MotoGP 'may not be attractive' for manufacturers...
1w ago from MotorsportWeek.c...
Pedro Acosta: Marc Marquez 2025 title ‘the...
Pedro Acosta believes Marc Marquez's 2025 MotoGP title triumph is the...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Five IndyCar teams jump start offseason testing at...
Five different IndyCar teams completed a test at Mid-Ohio Sports Car...
1d ago from MotorsportWeek.c...
Mick Schumacher to make IndyCar test debut with Rahal...
No description available...
6d ago from Motorsport.com
Mick Schumacher set for IndyCar test with RLL
Rahal Letterman Lanigan Racing has announced that it will bring in Mick...
6d ago from MotorsportWeek.c...
Andretti hires ex-Penske director Ron Ruzewski as...
Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai WRT on the attack
Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...
6d ago from MotorsportWeek.c...
Hyundai call set to boost Ott Tanak’s WRC title...
No description available...
1w ago from Motorsport.com
Mandated rest periods at WRC rallies to face FIA vote
No description available...
1w ago from Motorsport.com
WRC swaps Sardinia for Rome as home of Rally Italy...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal vs West Ham Prediction and Betting Tips |...
Arsenal play host to West Ham in a Premier League game at the Emirates...
6h ago from SportsKeeda.com
Report: Arsenal make decision on the future of player...
Arsenal are reportedly looking to offer a new contract to Jurrien...
10h ago from CaughtOffside.com
'Will change the game for you' - Thierry Henry...
Arsenal legend Thierry Henry believes his former side can win big trophies...
11h ago from SportsKeeda.com
I'm yelling Timber
Ben White has been one of Arsenal’s most consistent and popular players...
12h ago from Arseblog.com
Comments
Hottest News
McLaren AXE driver as F1 plans take dramatic switch
McLaren have opted to part ways with promising F1... Read More »
14h ago from GPFans.com
Leclerc reveals why he has visited Ferrari’s factory more...
Ferrari driver Charles Leclerc has admitted that... Read More »
2h ago from F1Technical.net
Verstappen and Red Bull are „genuinely a challenger,”...
Sitting second in the drivers’ championship... Read More »
2h ago from F1Technical.net
