News Details
Lotus up to date on 'all salaries'
Lotus have reportedly paid "all salaries" to staff amidst rumours of financial trouble at the F1 team.
Earlier this week, Germany's Motorsport-Total reported that the Enstone-based team is "in financial trouble" and fighting for "survival."
The team, the article alleges, is in debt to the tune of €120m ($160m) with salaries paid late and "suppliers and service providers" also not getting their money on time.
One person has recently confirmed he has not been paid on time is Kimi Raikkonen.
"This happened last year, now again so it is not ideal," said the 33-year-old, who is considering a move to Red Bull Racing.
However, according to...
Full Story »
Full Story »
11y ago from PlanetF1.com
0
You May Also Be Interested In...
Lotus brushes aside late payment rumours
Lotus has responded to downcast rumours over its current financial state,...
11y ago from GPUpdate.net
Lotus struggling with finances?
Troubling signs of financial weakness are emerging from Lotus.
The...
11y ago from GrandPrix.com
Sauber boss admits delay in Russian financial rescue...
Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
11y ago from GrandPrix247.com
Lotus reportedly struggling financially
August 6th, 2013 - Troubling signs of financial weakness are emerging...
11y ago from F1Plus.com
Elsewhere On The Network
Popular On MGPToday.com
Marquez on his toughest challenge, not dwelling on...
No description available...
14h ago from Motorsport.com
Five things we've learned from MotoGP so far in 2025
The MotoGP championship has already seen several twists and turns after...
16h ago from MotorsportWeek.c...
Quartararo won't tweak Yamaha bike in Qatar, will lean...
No description available...
17h ago from Motorsport.com
Martin gets medical clearance for MotoGP Qatar GP
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
Iowa Speedway’s IndyCar weekend gains new sponsorship
Iowa Speedway has announced a new title partner for the 2025 IndyCar...
16h ago from MotorsportWeek.c...
Long Beach weekend ‘crucial’ for Kyle Kirkwood’s...
Kyle Kirkwood is returning to the scene of his first IndyCar win this...
2d ago from MotorsportWeek.c...
Indy 500 veteran and NASCAR team owner Shigeaki...
Shigeaki Hattori, a two-time competitor in the Indianapolis 500 and...
3d ago from MotorsportWeek.c...
Renovated IMS museum reopens with all-new displays
The Indianapolis Motor Speedway Museum reopened on Wednesday following a...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Details of WRC’s first rally in Paraguay emerge
No description available...
2d ago from Motorsport.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
5d ago from TheGuardian.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Ryan Gravenberch...
Real Madrid will face Alaves on Sunday, April 13, in LaLiga. Carlo...
35m ago from SportsKeeda.com
Real Madrid dressing room's reported inquest after 3-0...
Real Madrid have reportedly found themselves under intense scrutiny...
4h ago from SportsKeeda.com
'They played with a real authority' - Rio Ferdinand...
Former Manchester United defender Rio Ferdinand has backed PSG to win the...
6h ago from SportsKeeda.com
Rivaldo predicts UEFA Champions League finalists,...
Former Barcelona midfielder Rivaldo has predicted a UEFA Champions League...
13h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: McLaren announce iconic return as British...
McLaren CEO Zak Brown has issued an exciting... Read More »
55m ago from GPFans.com
Verstappen clear on controversial McLaren wing: 'A lot of...
Red Bull driver and reigning world champion Max... Read More »
1h ago from RacingNews365.com
Colapinto survives big scare in private Alpine test
Franco Colapinto has narrowly avoided suffering a... Read More »
10h ago from GPFans.com
