News Details

Lotus confirms full budget for F1 2014

Lotus insists that it will be on the F1 grid this season, despite concerns over its financial health following the apparent collapse of its deal with Quantum Motorsports.The Enstone team appeared as a provisional entry on the line-up issued by the FIA last week, and has already announced that it will miss the opening test of the year, but chairman Gerard Lopez maintains that there is no doubt over its participation, with the sponsorship funds being brought by Pastor Maldonado more than enough to ensure its participation despite doubts over the 35 per cent buy-in arranged with Quantum.Maldonado arrives from Williams with a bucketful of PDVSA cash, having been picked ahead of Nico Hulkenberg...
Full Story »
11y ago from Crash.net 0
Share

You May Also Be Interested In...

Mansoor Ijaz: The website stating I am an owner of...

Mansoor Ijaz: The website stating I am an owner of Lotus does not belong...
11y ago from GrandPrix247.com

Lopez says all is well but Quantum deal is dead while...

Lopez says all is well but Quantum deal is dead while Ijaz claims to be a...
11y ago from GrandPrix247.com

Lopez admits to £114m Lotus debt

Lotus chairman Gerard Lopez has revealed that his team is £114m in...
11y ago from Pitpass.com

Lotus confirm Quantum over

Lotus owner Gerard Lopez has played down fears about their financial...
11y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500

Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...

RLL locks in Louis Foster with extended IndyCar...

Rahal Letterman Lanigan Racing has announced an extension to its contract...

AJ Foyt Racing expands veteran support program to full...

AJ Foyt Racing has announced that its successful Homes For Our Troops...

Popular On TotalWRC.com

Oliver Solberg lands factory Toyota Rally1 drive

We called it after Oliver Solberg clinched his WRC2 title in Chile....

Popular On GunnersToday.com

Fabrizio Romano reveals Arsenal staff have received...

Arsenal staff are reportedly not overly concerned after being informed of...
8h ago from CaughtOffside.com

Sources: Chelsea increasingly keen on ambitious move...

Chelsea are reportedly increasingly keen on Nottingham Forest central...
9h ago from CaughtOffside.com

Sources: Arsenal 'monitoring' underrated talent who's...

Arsenal are understood to be among the clubs keeping an eye on Jurrien...
13h ago from CaughtOffside.com

Manchester United star Matheus Cunha responds to fan...

Manchester United star Matheus Cunha has laughed off a request from an...
12h 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.