News Details
Lotus reportedly struggling financially
August 6th, 2013 - Troubling signs of financial weakness are emerging from Lotus. The 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 of 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 »
12y ago from F1Plus.com
0
You May Also Be Interested In...
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
Mercedes hopeful over planned upgrades
Ross Brawn has explained that Mercedes will not ease off its car...
12y ago from GPUpdate.net
Rising Stars: Interview with Stephane Richelmi
After switching to reigning GP2 Constructors’ Champions, DAMS, for the...
12y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez doesn't see GP26 ride as audition for...
No description available...
3h ago from Motorsport.com
Pedro Acosta interview: ‘Money is what matters to me...
No description available...
7h ago from Motorsport.com
KTM: MotoGP efforts to be impacted by 50% workforce...
KTM majority shareholder Bajaj Auto has revealed plans to cut its...
6h ago from MotorsportWeek.c...
Yamaha’s V4 'still a long way off' says test rider...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Marco Andretti announces retirement from racing, won't...
No description available...
1d ago from Motorsport.com
Marco Andretti retires from IndyCar after 20 seasons
Marco Andretti announced his retirement from motor racing on Wednesday,...
1d ago from MotorsportWeek.c...
Mark Miles teases possible non-championship...
IndyCar is largely considered a North American championship, with races...
1w ago from MotorsportWeek.c...
Enzo Fittipaldi hails ‘productive’ test with Arrow...
Enzo Fittipaldi completed an IndyCar test with Arrow McLaren last week,...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera completes maiden F2 test ahead of...
No description available...
2d ago from Motorsport.com
Elfyn Evans: WRC points lead “guarantees absolutely...
No description available...
1w ago from Motorsport.com
M-Sport favours new WRC car build over upgraded Rally2...
No description available...
1w ago from Motorsport.com
Lancia confirms 2026 WRC2 entry with the new Ypsilon...
Lancia will return to the World Rally Championship next year with the new...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Episode 851 – Young guns, and younger guns
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
4h ago from Arseblog.com
Paul Merson predicts Tottenham vs Chelsea, Liverpool...
Arne Slot will not be sacked soon, he will get time at Liverpool because...
3h ago from SportsKeeda.com
William Saliba and Declan Rice react on social media...
Several Arsenal stars took to the comments to react to Andre...
3h ago from SportsKeeda.com
'He just does what he does best, which is to play...
Arsenal boss Mikel Arteta lauded youngster Max Dowman after their 2-0 win...
5h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin confirm F1 driver change for 2026
Aston Martin have confirmed a change to their F1... Read More »
10h ago from GPFans.com
Martin Brundle calls for Max Verstappen penalty
F1 broadcasting legend Martin Brundle has... Read More »
59m ago from GPFans.com
Bernie Ecclestone 'conspiracy' under scrutiny in ongoing...
RacingNews365 was in the Royal Courts of Justice... Read More »
1h ago from RacingNews365.com
