News Details

Lotus boss believes most F1 teams struggling like Lotus

Lotus boss believes most F1 teams struggling like Lotus 23 December, 2013 Gerard Lopez Gerard Lopez, the owner of the Lotus F1 Team, believes the vast majority of the teams in Formula 1 are currently struggling financially. Lotus' problems have had a high profile in 2013, as the Enstone based team thrived with a competitive car but tackled reports it was struggling to pay its drivers, employees and suppliers. But the Russian website Formula 1news.ru quoted Lopez as insisting: 'For 80 per cent of the teams, their financial situation is no better than ours. 'If half of those teams say they are leaving Formula 1, it would lead to the collapse of the championship,' he claimed. Lopez said it is...
Full Story »
11y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Maldonado visits Lotus HQ and meets up with his new...

Maldonado visits Lotus HQ and meets up with his new team 19 December,...
11y ago from GrandPrix247.com

Boullier angry at reports claiming he is moving to...

Boullier angry at reports claiming he is moving to Force India 19...
11y ago from GrandPrix247.com

Boullier: I have not resigned

Lotus F1 team principal Eric Boullier took to Twitter over the weekend to...
11y ago from Crash.net

Ferrari denies wanting F1 car weight limit increase

Ferrari denies wanting F1 car weight limit increase 22 December, 2013...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Dale Coyne signs IndyNXT champion Dennis Hauger for...

Dale Coyne Racing has announces that it has signed Dennis Hauger to drive...
23h ago from MotorsportWeek.c...

Team Penske places David Malukas in the iconic #12...

Team Penske has announced that David Malukas will be joining the team and...

Zak Brown addresses three areas IndyCar can improve

McLaren CEO Zak Brown penned an open letter on Monday outlining his...

Popular On TotalWRC.com

Popular On GunnersToday.com

When Arsenal scraped past Port Vale on their way to...

enal were the best team in the country in 1998 but needed a replay and...
6h ago from TheGuardian.com

Arteta talks injuries/rotation ahead of EFL Cup tie...

Morning all. We are in EFL Cup 3rd round action this evening when we...
6h ago from Arseblog.com

Report: Arsenal & Liverpool contacted about...

Arsenal and Liverpool have reportedly both been contacted to be informed...
7h ago from CaughtOffside.com

“He will spoil the whole training ground” -...

Emmanuel Adebayor has issued a strong warning to Arsenal manager Mikel...
21h ago from SportsKeeda.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.