News Details
Lotus brushes aside late payment rumours
Lotus has responded to downcast rumours over its current financial state, the team informing GPUpdate.net on Tuesday afternoon that all salaries have been paid. According to Germany's Motorsport-Total, the Enstone-based outfit is now more than 100 million pounds in debt, while it has also reported that staff members have been paid late throughout the 2013 campaign, even threatening to strike in late July. However, when questioned by GPUpdate.net, a spokesperson for the team brushed aside "any supposed strike threat" and confirmed that "all salaries are up to date." Kimi Räikkönen revealed in Hungary that the financial issues between himself and the team are ongoing,...
Full Story »
Full Story »
12y ago from GPUpdate.net
0
You May Also Be Interested In...
F1 2013 – Webber: a sad state for F1
Mark Webber has opened up about the current state of F1 and feels it is a...
12y ago from F1.co.uk
Lotus struggling with finances?
Troubling signs of financial weakness are emerging from Lotus.
The...
12y ago from GrandPrix.com
Lotus struggling with ‘money problems'
By Editor on Tuesday, August 6, 2013 Troubling signs of financial...
12y 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,...
12y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Why MotoGP’s ‘Concorde Agreement’ remains...
No description available...
11h ago from Motorsport.com
Pedro Acosta says teaming up with Marc Marquez would...
No description available...
15h ago from Motorsport.com
Aprilia’s MotoGP advantage not due to special rear...
No description available...
1d ago from Motorsport.com
Why WorldSBK leader Nicolo Bulega could miss out on a...
Rumours surrounding Nicolo Bulega and a possible move to MotoGP in 2027...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
7h ago from MotorsportWeek.c...
IndyCar: A closer look at Mick Schumacher's true pace
No description available...
1d ago from Motorsport.com
Will Power's father okay after wrestling with armed...
No description available...
1d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Motorsport Week is hiring – Rally and Sportscar...
Motorsport Media Services are looking to expand its coverage, and in...
3h ago from MotorsportWeek.c...
How Takamoto Katsuta’s maiden WRC win is impacting...
No description available...
16h ago from Motorsport.com
Hyundai continues to honour Craig Breen's memory
Hyundai Shell Mobis World Rally Team will run a special livery at this...
1d ago from MotorsportWeek.c...
Hyundai unveils Craig Breen tribute livery for WRC...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Chelsea lead race for £70m wide man but Arsenal could...
Chelsea and Arsenal are interested in signing the Newcastle United...
5h ago from CaughtOffside.com
White-out: 4 replacements Arsenal are targeting to...
Arsenal’s search for right-back depth has taken on extra intrigue after...
9h ago from FreshArsenal.com
Calafiori channels pain of Italy World Cup misery to...
t;li>Win over Sporting comes after back-to-back cup defeats‘It’s...
9h ago from TheGuardian.com
Arsenal leading Bundesliga giants in the race for...
Sao Paulo attacker Lucca Marques is a target for Premier League club...
10h ago from CaughtOffside.com
Comments
Hottest News
Martin Brundle to miss more F1 races as Sky pundit...
Sky Sports F1 legend Martin Brundle has announced... Read More »
5h ago from GPFans.com
Iconic circuit returning in F1 test as Michael Schumacher...
Catch up on the biggest news stories of the day... Read More »
5h ago from RacingNews365.com
Vote for the new Sky Sports F1 pundit
Sky Sports F1 have announced an exciting... Read More »
5h ago from GPFans.com


























