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
KTM riders say top speed advantage has disappeared in...
No description available...
1d ago from Motorsport.com
What the concessions system will look like in MotoGP's...
No description available...
1d ago from Motorsport.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
2d ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Long Beach – Qualifying Results
A slightly modified format was in play for IndyCar’s Long Beach...
15h ago from MotorsportWeek.c...
Felix Rosenqvist hopes Long Beach pole kickstarts...
No description available...
14h ago from Motorsport.com
Felix Rosenqvist secures IndyCar pole at Long Beach
25 cars rolled out on the historic Long Beach street circuit Saturday...
16h ago from MotorsportWeek.c...
Felix Rosenqvist beats Pato O’Ward to Long Beach...
No description available...
15h ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
2d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
2d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'Thank u for not doing any brazy changes', 'Thank you...
Manchester City fans online were satisfied with Pep Guardiola's starting...
53m ago from SportsKeeda.com
Watch: What a goal! Rayan Cherki embarrasses Gabriel...
Rayan Cherki has just scored a stunning individual goal to give Manchester...
23m ago from CaughtOffside.com
'Classless', 'Absolute jokers' - Arsenal fans...
Arsenal fans have been left feeling angry ahead of their Premier League...
33m ago from SportsKeeda.com
'Stop the cowardise mentality', 'Arteta is never...
Arsenal fans are furious with Mikel Arteta after the starting XI against...
1h ago from SportsKeeda.com
Comments
Hottest News
Verstappen pays tribute as driver Miettinen dies during...
Driver Juha Miettinen has died following a... Read More »
53m ago from SkySports.com
Max Verstappen stunned by Mercedes issue at Nurburgring:...
Max Verstappen was dumbfounded over what caused... Read More »
23m ago from GPFans.com
Nurburgring 24 Hours Race 2 qualifiers results
Check out the full results from the Nurburgring... Read More »
43m ago from RacingNews365.com
