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 »
12y 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,...
12y ago from GPUpdate.net
Lotus struggling with finances?
Troubling signs of financial weakness are emerging from Lotus.
The...
12y ago from GrandPrix.com
Sauber boss admits delay in Russian financial rescue...
Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
12y ago from GrandPrix247.com
Lotus reportedly struggling financially
August 6th, 2013 - Troubling signs of financial weakness are emerging...
12y ago from F1Plus.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP's Concorde Agreement edges closer as talks near...
No description available...
1h ago from Motorsport.com
MotoGP completes investigation into Brazilian GP...
No description available...
16h ago from Motorsport.com
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
21h ago from Motorsport.com
Jorge Martin: Brazilian MotoGP podium ‘feels...
Jorge Martin admits that his double podium from the Brazilian MotoGP...
20h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Will Power: “You cannot have a weakness” going...
No description available...
14h ago from Motorsport.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
14h ago from MotorsportWeek.c...
Carb day concert line-up announced for Indy 500
Indianapolis Motor Speedway has announced which bands will be playing on...
20h ago from MotorsportWeek.c...
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
4d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
60m-rated duo on Arsenal's list of transfer targets...
Arsenal are reportedly eyeing two new right-backs as they assess options...
39m ago from CaughtOffside.com
Paul Scholes claims one Arsenal star 'looks lost' in...
Manchester United legend Paul Scholes has claimed that Bukayo Saka is...
2h ago from SportsKeeda.com
Champions League winning midfielder prefers Arsenal...
Bayern Munich midfielder Leon Goretzka is ready to join Arsenal in the...
2h ago from CaughtOffside.com
£60m star 'would jump at the chance to sign for...
Arsenal reportedly look likely to make changes at right-back this summer...
4h ago from CaughtOffside.com
Comments
Hottest News
The ‘long conversation’ that may have led to...
The Formula 1 paddock is no stranger to shock... Read More »
1h ago from F1i.com
Audi receive firm instruction after shock Jonathan Wheatley...
Audi has suffered a surprise change of team... Read More »
2h ago from RacingNews365.com
Fernando Alonso to miss Japan media day for special...
Fernando Alonso is sit to miss out on the... Read More »
1h ago from RacingNews365.com
