News Details

F1 2013 – Lotus set to secure new investment

The Lotus F1 team are reportedly set to secure some new investment with reports suggesting a deal has been done with Quantum motorsports.The deal involves Genii capital, owners of the Lotus F1 team, selling a 35% stake in the team to Quantum.The funding means that Kimi Raikkonen should finally be paid and the chances of Nico Hulkenberg joining the team have now increased, with the Quantum owners saying they would like Hulkenberg in the team.Mansoor Ijaz head of Quantum motorsport told autosport “I will even go out as far as to say that it has now been completed from our side in terms of what has to be done.” “We have apologised to Kimi, we intend to not only make sure that they are...
Full Story »
11y ago from F1.co.uk 0
Share

You May Also Be Interested In...

Lotus set to confirm team saving Quantum deal this week

Lotus set to confirm team saving Quantum deal this week 4 November, 2013...
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

New investment just a matter of time - Lotus

Lotus is sure it will still secure investment from Quantum Motorsports...
11y ago from espnF1.com

Lotus closing on investment

Lotus is closing on its investment agreement with Quantum Motorsports...
11y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Honda MotoGP Luca Marini suffers major injury in...

Honda HRC Castrol MotoGP rider Luca Marini sustained major injuries...

‘Major acceleration' in talks between Toprak...

Reports state that there has been a "major acceleration" in...

Pedro Acosta: Silverstone MotoGP ‘a race of...

Pedro Acosta's patience is wearing thin with the KTM MotoGP project after...
10h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Three drivers lose Indy 500 finishing positions after...

The NTT IndyCar Series has penalized three drivers following the...

Robert Shwartzman earns Indy 500 Rookie of the Year

Every year, the NTT IndyCar Series awards one Indianapolis 500 rookie the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Latest transfer news and rumours: Jorginho leaves...

Sports Mole rounds up the latest transfer news and rumours, including...
2h ago from SportsMole.co.uk

Sporting tell interested clubs Gyökeres is not...

t;li>Arsenal may make move for prolific Sweden forwardGyökeres has...
2h ago from TheGuardian.com

Arsenal transfer news: Gunners 'knocking on door' for...

Arsenal are reportedly one of two Premier League clubs who hold an...
4h ago from SportsMole.co.uk

“We should at least bring a cup” - Arsenal legend...

Thierry Henry has admitted that Arsenal have underperformed under Mikel...
3h ago from SportsKeeda.com

Comments

Hottest News

Ron Dennis will ‘never go back’ to F1, slams...

Ron Dennis, one of Formula 1’s most influential... Read More »
5h ago from F1i.com

Wolff names team that could gain most from flexi-wing...

As Formula 1 heads to Barcelona for the Spanish... Read More »
9h ago from F1i.com

Liam Lawson 'bouncing' into Barcelona on 'interesting'...

A buoyant Liam Lawson is heading into the Spanish... Read More »
53m ago from RacingNews365.com

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.