News Details

Quantum reveals Lotus deal imminent

The delays to the investment deal that have played a part in the financial issues at Lotus are set to come to an end after the Quantum Motorsports group revealed that the agreement to purchase a stake in the Enstone-based team is now all but done.Speaking to reporters in Abu Dhabi, where one of the main headlines was the continuing issues between Lotus and Kimi Raikkonen, Quantum chairman Mansoor Ijaz revealed that the deal was now done from his side and was awaiting the necessary signatures from team owners Genii Capital in order to go through.Ijaz – who confirmed that the agreement will see Lotus settle its outstanding debts - also revealed that the deal included an option for Quantum...
Full Story »
11y ago from Crash.net 0
Share

You May Also Be Interested In...

Lotus prospective investor Quantum wants Hulkenberg...

Lotus prospective investor Quantum wants Hulkenberg for 2014 2 November,...
11y ago from GrandPrix247.com

Lotus and Quantum complete investment deal

Quantum Motorsports has completed a deal which will see it take a 35 per...
11y ago from TheF1Times.com

Lotus investor Quantum wants Hulkenberg

Lotus' 35 per cent team investor Quantum wants Nico Hulkenberg at the...
11y ago from GrandPrix.com

Kimi, Hulkenberg have good news..Quantum / Lotus deal...

While Kimi Raikkonen's departure from the Abu Dhabi Grand Prix was...
11y ago from Formula1Blog.com

Elsewhere On The Network

Popular On MGPToday.com

Injured Marc Marquez set to travel to Madrid after...

One week after securing his seventh MotoGP title, Marc Marquez will fly...

Popular On IndyCarToday.com

Lochie Hughes secures IndyCar reserve role with...

Andretti Global has announced a continued partnership with Lochie Hughes...
18m ago from MotorsportWeek.c...

IMSA’s AO Racing considering expansion, possibly...

AO Racing, one of the more popular teams racing in IMSA currently, is...

Five IndyCar teams jump start offseason testing at...

Five different IndyCar teams completed a test at Mid-Ohio Sports Car...

Popular On TotalWRC.com

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

“They don’t understand football' - National team...

Sweden head coach Jon Dahl Tomasson has slammed critics of Arsenal striker...
1h ago from SportsKeeda.com

Arsenal invincible tells Mikel Arteta’s team what...

Arsenal legend Gilberto Silva has urged Mikel Arteta's side to create...
2h ago from SportsKeeda.com

Why Arsenal are considering switching to Wembley...

Arsenal are reportedly contemplating a drastic relocation of their home...
3h ago from CaughtOffside.com

Arsenal and Liverpool quoted £100m price for Premier...

Bournemouth are braced for a noisy January after sources indicated they...
6h 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.