News Details
Lotus deal will happen, insists Quantum
Mansoor Ijaz, head of the Quantum Motorsports firm purchasing a 35 percent stake in the Lotus F1 team, says there is "zero chance" of its proposed deal falling through. In recent days, Lotus chiefs have expressed concerns over ongoing delays in the transfer of agreed finances, but Ijaz acted to reassure the Enstone-based outfit at this weekend's United States Grand Prix that the situation is completely under control. "There is no question that the deal will take place and there is no question that the monies have been debited from our side," explained Ijaz. "There is zero chance that this deal will not happen. In the international banking system, when monies come...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Quantum boss adamant Lotus deal is on but Lopez warns...
Quantum boss adamant Lotus deal is on but Lopez warns time is running out...
11y ago from GrandPrix247.com
F1 2013 – Hulkenberg turns down chance to replace...
Nico Hulkenberg has reportedly turned down the chance to replace surgery...
11y ago from F1.co.uk
FIA guaranteed income from F1 stake deal?
Yesterday Pitpass' business editor Christian Sylt revealed that if...
11y ago from Pitpass.com
Kovalainen closes on Caterham deal
Lotus F1 Team Enlarge Heikki Kovalainen doesn't see his opportunity at...
11y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati set to make crunch decision over 2025 MotoGP...
Ducati is set to make a decision over whether it will use its new engine...
12h ago from MotorsportWeek.c...
Yamaha can be top-five contender from mid-2025, says...
No description available...
14h ago from Motorsport.com
MotoGP Buriram test: Schedule, riders and how to follow
No description available...
16h ago from Motorsport.com
Why Ducati leans towards 2024 engine for 2025 MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Doug Boles named IndyCar President in leadership...
The NTT IndyCar Series announced on Tuesday morning that longtime...
9h ago from MotorsportWeek.c...
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
1w ago from MotorsportWeek.c...
Power sets goal of five move competitive years in...
Will Power is one of the NTT IndyCar Series’ longest tenured drivers,...
5d ago from MotorsportWeek.c...
Conor Daly thinks IndyCar should race in Mexico and...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal considering incredible move for striker with...
Arsenal are already laying the groundwork for the summer transfer window,...
1h ago from CaughtOffside.com
Arsenal injury news: Gunners considering second...
Arsenal are reportedly considering whether Takehiro Tomiyasu requires a...
5h ago from SportsMole.co.uk
Arsenal doctors considering sending player for...
No description available...
6h ago from SportsKeeda.com
Arsenal attacker suffers 'worrying' hamstring injury...
Arsenal's attacking crisis allegedly goes from bad to worse, as Kai...
5h ago from SportsMole.co.uk
Comments
Hottest News
F1 Today | Rumoured Red Bull 'power unit issues', McLaren...
Red Bull rumoured to have issues with their 2026... Read More »
4h ago from GPBlog.com
Perez edges towards F1 return as Williams make big move -...
Check out all the biggest stories of the day with... Read More »
4h ago from RacingNews365.com
Albert Park Circuit is set to go through key changes for...
Following two heavy crashes during last year’s... Read More »
4h ago from F1Technical.net
