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 »
12y ago from PlanetF1.com 0
Share

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

Popular On IndyCarToday.com

IndyCar Nashville – Qualifying Results

The final qualifying session of the 2025 IndyCar season took place on...

Callum Ilott, Christian Rasmussen given IndyCar grid...

The NTT IndyCar Series has handed out grid penalties for two drivers...

O’Ward tops 202 MPH to take IndyCar pole in Nashville

The NTT IndyCar Series is visiting Nashville Superspeedway this weekend,...

Popular On TotalWRC.com

Sebastian Ogier and Vincent Landais win inaugural...

After dropping over half a minute on the opening day to winning Rally del...

Popular On GunnersToday.com

Liverpool 1-0 Arsenal: Premier League player ratings...

inik Szoboszlai stood out even before his winning goal while Viktor...
2h ago from TheGuardian.com

‘I should mention Trent’: Liverpool’s Dominik...

t;li>Midfielder’s wonder strike clinches win against Arsenal‘He was...
1h ago from TheGuardian.com

Liverpool 1-0 Arsenal: Premier League updates – as...

boszlai settled the match with a superb free-kick to keep Liverpool’s...
3h ago from TheGuardian.com

Watch: Dominik Szoboszlai scores stunning 32-yard...

In a tense and hard-fought Premier League clash at Anfield, Liverpool...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.