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
Alex Marquez suffers fractures in frightening Catalan...
No description available...
6d ago from Motorsport.com
Aprilia MotoGP chief: Pedro Acosta shouldn't have been...
No description available...
1d ago from Motorsport.com
Liberty Media could scrap MotoGP two-bike rule from...
The proposed regulation change would end flag-to-flag racing and align...
1d ago from MotorsportWeek.c...
Alex Marquez to miss next two MotoGP rounds after...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
How Pato O'Ward's inner circle turned Arrow McLaren...
No description available...
4h ago from Motorsport.com
Chip Ganassi ‘couldn’t be happier’ with...
Ahead of this season, the NTT IndyCar Series created an independent...
10h ago from MotorsportWeek.c...
How Shell is helping teams in F1, NASCAR and IndyCar...
No description available...
8h ago from Motorsport.com
Katherine Legge previews extreme planning to complete...
Katherine Legge is preparing to become the first woman to attempt The...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota “nervous” of Hyundai threat ahead of WRC...
No description available...
3d ago from Motorsport.com
The mental challenge WRC leader Elfyn Evans faces at...
No description available...
5d ago from Motorsport.com
Why returning to the WRC podium was so important for...
No description available...
1w ago from Motorsport.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'They will come back stronger' - Michael Owen names 2...
Premier League icon Michael Owen has named two teams that can challenge...
1h ago from SportsKeeda.com
'Players may still have a hangover' - Chris Sutton...
Former Chelsea star Chris Sutton has backed Arsenal to beat Crystal Palace...
2h ago from SportsKeeda.com
Man United and Arsenal make enquiry for £70 million...
Manchester United continue to be linked with a move for the Sporting CP...
3h ago from CaughtOffside.com
Starmer asks TNT Sports to make Champions League final...
ch between PM’s favourite Arsenal and Paris Saint-Germain marks first...
7h ago from TheGuardian.com
Comments
Hottest News
Canadian Grand Prix - Qualifying results
Full results from qualifying for the Canadian... Read More »
1h ago from F1i.com
F1 2026 Canadian Grand Prix – Qualifying Results
George Russell doubled his money by taking pole... Read More »
2h ago from MotorsportWeek.com
Oscar Piastri reveals two big problems as rain set to lash...
The race at the Circuit Gilles Villeneuve... Read More »
58m ago from RacingNews365.com



























