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
Pedro Acosta "saved the day" after suffering...
No description available...
1h ago from Motorsport.com
Jorge Martin suffers fracture after Japanese GP sprint...
No description available...
5h ago from Motorsport.com
Marc Marquez more cautious in Japanese GP sprint...
No description available...
3h ago from Motorsport.com
Aprilia clears the air with Jorge Martin and Marco...
No description available...
2h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher to make IndyCar test debut with Rahal...
No description available...
23h ago from Motorsport.com
Mick Schumacher set for IndyCar test with RLL
Rahal Letterman Lanigan Racing has announced that it will bring in Mick...
23h ago from MotorsportWeek.c...
Andretti hires ex-Penske director Ron Ruzewski as...
Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...
2d ago from MotorsportWeek.c...
Andretti Global signs ex-Penske Ron Ruzewski as team...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai WRT on the attack
Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...
1d ago from MotorsportWeek.c...
Mandated rest periods at WRC rallies to face FIA vote
No description available...
3d ago from Motorsport.com
Hyundai call set to boost Ott Tanak’s WRC title...
No description available...
3d ago from Motorsport.com
WRC swaps Sardinia for Rome as home of Rally Italy...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Expert claims Arsenal star could stay on Bayern's list...
Bayern Munich were interested in Arsenal forward Gabriel Martinelli in the...
4h ago from CaughtOffside.com
Arteta talks Saliba, I talk nonsense
Morning. It's a quiet enough Saturday. I was in town last night for some...
4h ago from Arseblog.com
Newcastle United vs Arsenal Prediction and Betting...
The Premier League returns to the fold with another set of matches this...
4h ago from SportsKeeda.com
'Hopefully…': Mikel Arteta admits he 'will love'...
Arsenal are hoping to agree on a new deal with Bukayo Saka and manager...
17h ago from CaughtOffside.com
Comments
Hottest News
Verstappen shines on Green Hell GT3 debut
Fog-shrouded Nordschleife? No sweat for our... Read More »
1h ago from F1i.com
F1 team hold 'test' to replace 'expensive' diver
An F1 team has been holding private tests to... Read More »
5h ago from GPFans.com
Max Verstappen STUNS with 'unusual' Ferrari drive
F1 champion Max Verstappen stunned the field with... Read More »
54m ago from GPFans.com
