News Details
Lotus struggling with finances?
Troubling signs of financial weakness are emerging from Lotus.
The authoritative German website motorsport-total.com 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 corresponding...
Full Story »
Full Story »
11y ago from GrandPrix.com
0
You May Also Be Interested In...
Lotus struggling with ‘money problems'
By Editor on Tuesday, August 6, 2013 Troubling signs of financial...
11y ago from F1Zone.net
Reports of Lotus cash struggles won't go away as they...
Troubling signs of financial weakness are continuing to emerge from Lotus,...
11y ago from GrandPrix247.com
Sutil not committing his future to Force India
Adrian Sutil is refusing to commit his future to Force India with a number...
11y ago from TheF1Times.com
Lotus ready to wait for Raikkonen's call says Boullier
By Editor on Thursday, August 1, 2013 Eric Boullier has admitted Lotus is...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu eyes 2027 regulations ahead of...
Toprak Razgatlioglu is already looking ahead to the 2027 MotoGP...
9h ago from MotorsportWeek.c...
Honda test rider Takaaki Nakagami to replace Luca...
Honda test rider Takaaki Nakagami has been announced as a replacement for...
1d ago from MotorsportWeek.c...
Pirelli to hold first MotoGP test in Misano with test...
No description available...
2d ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar breaks 1 million US TV viewers for third...
The NTT IndyCar Series is nearly through the first year with its new...
22h ago from MotorsportWeek.c...
After first oval win, does Kyle Kirkwood see himself...
No description available...
21h ago from Motorsport.com
Christian Rasmussen "not surprised" to earn...
No description available...
1d ago from Motorsport.com
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
3h ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
5d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Local media confirms Arsenal and Man United among main...
RB Leipzig playmaker Xavi Simons has been linked with a move away from the...
1h ago from CaughtOffside.com
'Arteta made it clear…': Journalist confirms...
Benjamin Sesko has been linked with a move to the Premier League in recent...
2h ago from CaughtOffside.com
Arsecast Extra Episode 644 – 18.06.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
2h ago from Arseblog.com
'He’s got a bit of an edge about him' - Pundit...
Football pundit Perry Groves has questioned Arsenal for not targeting...
3h ago from SportsKeeda.com
Comments
Hottest News
Hamilton's F1 title hopes rest on Ferrari plans to LEAVE...
How can Lewis Hamilton and Ferrari win a F1 world... Read More »
2h ago from GPFans.com
Aston Martin recruits ex-Adrian Newey colleague to bolster...
Aston Martin has recruited a former Red Bull... Read More »
8h ago from MotorsportWeek.com
Franz Hermann RETURNS as Max Verstappen conducts secret...
'Franz Hermann' - AKA F1 champion Max Verstappen... Read More »
1h ago from GPFans.com
