News Details

Lotus thinks most F1 teams struggling

Gerard Lopez, the owner of the Lotus outfit, believes the vast majority of the teams in Formula One are struggling financially. Lotus' problems have had a high profile in 2013, as the Enstone based team thrived with a competitive car but tackled rumours it was struggling to pay its drivers, employees and suppliers. But the Russian website f1news.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 One, it would lead to the collapse of the championship,' he claimed. Lopez said it is extraordinarily difficult for a team to raise money through investment or traditional sponsorship...
Full Story »
11y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Lotus boss believes most F1 teams struggling like Lotus

Lotus boss believes most F1 teams struggling like Lotus 23 December, 2013...
11y ago from GrandPrix247.com

Rosberg suffers tyre failure in Bahrain

Pirelli's three-day Bahrain tyre test came to an abrupt end for Mercedes...
11y ago from RichlandF1.com

Ferrari F138 was the most reliable car in 2013

Ferrari F138 was the most reliable car in 2013 19 December, 2013 Fernando...
11y ago from GrandPrix247.com

Todt hopes Ecclestone stays F1 boss for many years

Todt hopes Ecclestone stays F1 boss for many years 17 December, 2013...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

What to expect from KTM in the MotoGP 2025 season

Ahead of the 2025 MotoGP season there has been concern over the future of...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Andretti Global shows off new liveries for 2025...

Andretti Global has revealed a trio of new liveries for the team’s cars...

Penske President Tim Cindric to reduce leadership role

Team Penske announced on Friday afternoon that long-time President Tim...

Popular On TotalWRC.com

Popular On GunnersToday.com

Tottenham Hotspur beat rivals Arsenal, Man City to...

Tottenham Hotspur announce the capture of Mason Melia from League of...
25m ago from SportsMole.co.uk

'No doubt' – Report gives Arsenal hope of...

Arsenal reportedly look to have been given major hope over a potential...
2h ago from CaughtOffside.com

Premier League title race favourites: Why Liverpool's...

Liverpool's win against Bournemouth is more impressive than Arsenal's...
2h ago from SportsMole.co.uk

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.