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 »
11y 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...
11y ago from F1.co.uk
Lotus struggling with finances?
Troubling signs of financial weakness are emerging from Lotus.
The...
11y ago from GrandPrix.com
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
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin provides injury update after Qatar MotoGP...
World Champion Jorge Martin says he is still experiencing “intense...
4h ago from MotorsportWeek.c...
Francesco Bagnaia explains ‘weak point' that...
Factory Ducati rider Francesco Bagania explained his "weak...
2d ago from MotorsportWeek.c...
Jorge Martin faces at least two weeks in Qatar hospital
No description available...
3d ago from Motorsport.com
Fabio Di Giannantonio horrified hitting a fallen Jorge...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar outlines replacement driver rules for Indy 500
The NTT IndyCar Series has released updated guidelines that will be...
19h ago from MotorsportWeek.c...
NFL star Rob Gronkowski named Grand Marshal of Indy...
Indianapolis Motor Speedway announced a unique appointment on Wednesday,...
1d ago from MotorsportWeek.c...
IndyCar sees 50% viewership drop on FOX after going...
No description available...
3d ago from Motorsport.com
From Europe to America: Dennis Hauger on why he...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Details of WRC’s first rally in Paraguay emerge
No description available...
1w ago from Motorsport.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
1w ago from TheGuardian.com
Popular On GunnersToday.com
La Liga star prioritizing move to Real Madrid despite...
La Liga Star Martin Zubimendi prioritizes a move to Real Madrid despite...
43m ago from SportsKeeda.com
Reliable journalist says Arsenal transfer target has...
Arsenal may have been dealt some worrying transfer news today as it's now...
1h ago from CaughtOffside.com
Mikel Arteta provides fitness update on 2 key Arsenal...
Arsenal manager Mikel Arteta has provided an update on the fitness of Kai...
1h ago from SportsKeeda.com
'If everything goes well…' – Big boost as...
Arsenal manager Mikel Arteta has hinted that Riccardo Calafiori is looking...
2h ago from CaughtOffside.com
Comments
Hottest News
LIVE: 2025 F1 Saudi Arabian Grand Prix - Free Practice 1 -...
Follow along with live coverage of Free Practice... Read More »
3h ago from RacingNews365.com
Max Verstappen backed to snub Mercedes in shock move to F1...
Reigning champion Max Verstappen has been tipped... Read More »
3h ago from GPFans.com
Saudi GP FP1: Gasly tops ‘test’ session
Pierre Gasly topped the timing screens at the end... Read More »
43m ago from GrandPrix247.com
