News Details
Lotus struggling with ‘money problems'
By Editor on Tuesday, August 6, 2013 Troubling signs of financial weakness are emerging from Lotus.
The authoritative German website motorsport-total reports that, although in the hunt for the 2013 title, the Genii-owned outfit is 'struggling to survive' under EUR 120 million in 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...
Full Story »
Full Story »
12y ago from F1Zone.net
0
You May Also Be Interested In...
Vettel prefers Raikkonen to Alonso
Sebastian Vettel says he would rather have Kimi Raikkonen as his team-mate...
12y ago from espnF1.com
F1 2013 – Raikkonen offered Ferrari seat for 2014
Despite Lotus and Red Bull stating an interest in Kimi Raikkonen for next...
12y ago from F1.co.uk
Vettel prefers Kimi to Alonso
Given a choice between Kimi Raikkonen and Fernando Alonso as his next...
12y ago from PlanetF1.com
Boullier: Raikkonen deserves 10 out of 10
Lotus team principal Eric Boullier says Kimi Raikkonen deserves 10 out of...
12y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Jack Miller secures new Pramac Yamaha contract for...
No description available...
3h ago from Motorsport.com
Jack Miller stays with Pramac Yamaha for 2026 MotoGP...
Pramac Yamaha has confirmed that Jack Miller will remain with the team...
2h ago from MotorsportWeek.c...
Miguel Oliveira “surprised” by Yamaha MotoGP axe,...
No description available...
55m ago from Motorsport.com
Popular On IndyCarToday.com
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
20h ago from MotorsportWeek.c...
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
1d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
19h ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
3d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
3d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
After Peter Schmeichel slams Arsenal for ‘ugly brand...
Former Arsenal star Theo Walcott has dismissed Manchester United legend...
25m ago from SportsKeeda.com
Collymore's column: Mikel Arteta criticism, Isak and...
In his exclusive column for CaughtOffside, former Liverpool striker Stan...
25m ago from CaughtOffside.com
'It’s remarkable' – Collymore reacts to Mikel...
Arsenal had started their season with two victories out of two, but last...
15m ago from CaughtOffside.com
Market drivers
Arsenal have had an unprecedented summer transfer window with Mosquera,...
15m ago from Arseblog.com
Comments
Hottest News
V8 comeback on the table: FIA calls manufacturers to crisis...
Formula 1’s power unit manufacturers are set... Read More »
2h ago from F1i.com
Massa prepares for key ‘crashgate' hearings
Sep.4 Felipe Massa has revealed new details... Read More »
2h ago from OneStopStrategy.com
Max Verstappen Ferrari talks confirmed
It has been revealed that Max Verstappen’s team... Read More »
5h ago from GPFans.com