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 »
11y ago from F1Zone.net
0 Comments
You May Also Be Interested In...
Vettel prefers Raikkonen to Alonso
Sebastian Vettel says he would rather have Kimi Raikkonen as his team-mate...
11y 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...
11y ago from F1.co.uk
Vettel prefers Kimi to Alonso
Given a choice between Kimi Raikkonen and Fernando Alonso as his next...
11y ago from PlanetF1.com
Boullier: Raikkonen deserves 10 out of 10
Lotus team principal Eric Boullier says Kimi Raikkonen deserves 10 out of...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
World Champion Jorge Martin set for MotoGP return at...
Reigning World Champion Jorge Martin is set to return to MotoGP action at...
1d ago from MotorsportWeek.c...
Toprak Razgatlioglu laughs off Honda MotoGP 2026...
Reigning WorldSBK champion Toprak Razgatlioglu laughed off rumours...
2d ago from MotorsportWeek.c...
How advice from Marquez is helping Martin recover from...
No description available...
2d ago from Motorsport.com
MotoGP race director validates the chaos caused by...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Renovated IMS museum reopens with all-new displays
The Indianapolis Motor Speedway Museum reopened on Wednesday following a...
3d ago from MotorsportWeek.c...
New livery revealed for Kyle Larson's Indy 500 / Coke...
Kyle Larson will be attempting to compete in IndyCar’s Indianapolis 500...
3d ago from MotorsportWeek.c...
Kyle Larson's McLaren-Hendrick paint schemes revealed...
No description available...
3d ago from Motorsport.com
The difficult transition from Indy NXT to IndyCar is...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
18h ago from TheGuardian.com
Evans wins brutal Safari Rally to boost WRC title bid
No description available...
2w ago from Motorsport.com
Elfyn Evans bags the big game on Safari
Elfyn Evans and Scott Martin claimed their maiden Safari Rally Kenya...
2w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Episode 825 – Ian Wright
Welcome to another episode of the Arsecast – the Arsenal podcast....
53m ago from Arseblog.com
Arsenal hold talks to sign teenage forward from...
Arsenal have set their sights on Blackburn Rovers' teenage striker Harvey...
12m ago from SportsKeeda.com
Arsenal confident of beating Real Madrid to sign 60...
Arsenal are reportedly confident of getting a deal across the line for...
2h ago from SportsKeeda.com
'You make that decision and you move on' - Jamie...
Pundit Jamie Carragher has shared his thoughts on Everton receiving a...
1h ago from SportsKeeda.com
Comments
Hottest News
'This award is a joke!!' F1 fans stunned after shock Driver...
Formula 1 fans have been left shocked and... Read More »
3h ago from GPFans.com
FIA announce Norris inspection as samples taken after...
Lando Norris' MCL39 was subject to extensive FIA... Read More »
1h ago from GPFans.com
FIA announce bizarre fine for F1 star after medical issue...
The FIA have announced a strange penalty for one... Read More »
4h ago from GPFans.com
