News Details
Future of Lotus in 'significant doubt' after £170m loss
The future of historic British motor marque Lotus has been called into question after the company made a £167.8m net loss in 2013 writes Christian Sylt in the Daily Telegraph.The Norfolk-based manufacturer is an official partner of the eponymous Formula One team but it does not own a stake in it. Being a partner is not the only connection between the two as Proton, the Malaysian company which owns Group Lotus, is understood to have given the team a £35m loan in 2012 so the health of the manufacturer could have consequences for F1.There is a long-standing joke in the motor industry that Lotus stands for 'Lots Of Trouble Usually Serious' and that couldn't be a better description...
Full Story »
Full Story »
12y ago from Pitpass.com
0
You May Also Be Interested In...
Boullier says Lotus future is safe
Lotus insist their Formula 1 future is secure despite their decision to...
12y ago from BBC.co.uk
'Everything is fine at Lotus'
Despite opting to sit out the first pre-season test, Eric Boullier...
12y ago from PlanetF1.com
Unhappy Valsecchi might be out of Lotus
January 8th, 2013 (F1plus/GMM).- Davide Valsecchi has admitted he is...
12y ago from F1Plus.com
Lotus to miss first pre-season test of 2014
Lotus, fourth-place finishers in the 2013 constructors’...
12y ago from Formula1.com
Elsewhere On The Network
Popular On MGPToday.com
Inside Marc Marquez’s new approach to racing after...
No description available...
1d ago from Motorsport.com
‘A World Champion cannot do a mistake like that'...
Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...
2d ago from MotorsportWeek.c...
MotoGP confirms Aragon to remain on calendar for 2027...
MotoGP has announced that Motorland Aragon will host a race in 2027,...
2d ago from MotorsportWeek.c...
Jorge Martin escapes injury but hit with penalty for...
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Officiating details infraction severity levels
IndyCar Officiating has released more specific information regarding the...
6h ago from MotorsportWeek.c...
Myles Rowe: Historic Indy NXT Win at WWTR proves ‘I...
No description available...
2d ago from Motorsport.com
Winners and losers from the IndyCar race at World Wide...
No description available...
3d ago from Motorsport.com
Josef Newgarden did not know Christian Rasmussen...
Josef Newgarden won Sunday night’s thriller at World Wide Technology...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Loeb to make traditional stage rallying...
No description available...
1d ago from Motorsport.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
1w ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
1w ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal star in advanced talks to join Turkish giants...
Arsenal star Leandro Trossard is reportedly in advanced talks to join...
4h ago from SportsKeeda.com
Manchester United have overtaken Arsenal in race to...
Manchester United have reportedly leapfrogged Premier League champions...
5h ago from SportsKeeda.com
Elliot Anderson bid rejected, Mateus Fernandes to Man...
What next for Elliot Anderson and the Manchester City transfer saga after...
6h ago from CaughtOffside.com
New: Arsenal star now in 'advanced' talks over 20m...
Arsenal winger Leandro Trossard is in advanced talks over a transfer to...
8h ago from CaughtOffside.com
Comments
Hottest News
George Russell reveals Toto Wolff relationship has changed...
Mercedes F1 star George Russell has opened up... Read More »
33m ago from GPFans.com
Mercedes confirms legal search as Alpine F1 penalty win...
Mercedes boss Toto Wolff has called for the FIA... Read More »
43m ago from MotorsportWeek.com
Fernando Alonso tipped for shock exit as SEVERAL teams...
Two-time F1 champion Fernando Alonso reportedly... Read More »
2h ago from GPFans.com
