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
Guenther Steiner: "You need to listen before you...
No description available...
4h ago from Motorsport.com
Fabio Quartararo admits he was “too optimistic”...
No description available...
5h ago from Motorsport.com
Marco Bezzecchi after record-breaking Thailand lap:...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O'Ward: "I'm tired of IndyCar being like the...
No description available...
2h ago from Motorsport.com
First look at Mick Schumacher's livery as he previews...
No description available...
3h ago from Motorsport.com
New alternate tire strategy an unknown for several...
No description available...
1h ago from Motorsport.com
McLaren and Chip Ganassi Racing reach final settlement...
No description available...
5h ago from Motorsport.com
Popular On TotalWRC.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
1d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
2d ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Ex-Arsenal and Chelsea icon would be open to Tottenham...
Former Arsenal and Chelsea midfielder Cesc Fabregas is open to taking the...
30m ago from CaughtOffside.com
'Then gaps will appear' - John Terry explains how...
Premier League Hall of Famer John Terry has told Chelsea how to get the...
2h ago from SportsKeeda.com
Arsenal sent strong 100 million message amid links...
Mikel Arteta's Arsenal have suffered a massive blow in their pursuit of...
1h ago from CaughtOffside.com
Rosenior has talent to be Chelsea’s answer to Arteta...
atility and unusual structure at Stamford Bridge leave club’s young...
20m ago from TheGuardian.com
Comments
Hottest News
Lewis Hamilton shows off new intense training programme in...
F1 legend Lewis Hamilton has shown he is raring... Read More »
1h ago from GPFans.com
Mercedes F1 customers poised for engine upgrade for...
Mercedes’ customer teams are expected to start... Read More »
1h ago from MotorsportWeek.com
Aston Martin reminded of vital Honda factor in early F1...
Honda's unique position among F1's power unit... Read More »
2h ago from RacingNews365.com
