News Details
Lotus F1 secures Saxo Bank, 2014 budget
Lotus F1 revealed last week that the team was 100 million in debt but today’s news may help toward alleviating some of that pressure as Saxo Bank has joined as a new sponsor.
According to team boss Eric Boullier, the team has now secured enough cash for a budget in 2014 and should have the resources to make it another year telling AUTOSPORT:
“The team is in good shape now definitely with some guarantees over the operational finance needs,” he said. “I think now at least for 2014 and a little bit beyond, the team now can stabilize. We can bring a little bit of quietness, so not being as intense but still performing.”
It’s surely a challenge to be running on a year-to-year basis...
Full Story »
Full Story »
12y ago from Formula1Blog.com
0
You May Also Be Interested In...
Lotus sign new sponsor Saxo Bank for 2014
Lotus have announced a new sponsor for the 2014 season in the form of...
12y ago from TheF1Times.com
Lotus brokers Saxo Bank deal for 2014
Lotus brokers Saxo Bank deal for 2014 20 January, 2014 Leading online...
12y ago from GrandPrix247.com
Lotus pens sponsorship deal with Saxo Bank
– Lotus has teamed up with Saxo Bank, a Danish investment firm,...
12y ago from GPUpdate.net
Saxo Bank becomes Lotus sponsor, Sørenson...
Danish investment bank Saxo Bank has become a new sponsor of Lotus F1...
12y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta on MotoGP silly season rumours: “Those...
No description available...
6h ago from Motorsport.com
KTM and Tech3 unveil 2026 MotoGP challengers
KTM and its sister team Tech3 have officially launched its 2026...
10h ago from MotorsportWeek.c...
KTM and Tech3 unveil 2026 MotoGP bikes in joint launch
No description available...
10h ago from Motorsport.com
Why Valentino Rossi is putting pressure on Ducati over...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
19h ago from MotorsportWeek.c...
Wienie 500 returns for second year in build-up to Indy...
Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
23h ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
4d ago from MotorsportWeek.c...
IndyCar penalizes Abel Motorsports for rig testing
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
1h ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1d ago from Motorsport.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
2d ago from Motorsport.com
Oliver Solberg crowned the youngest ever Rallye Monte...
Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Gabriel refusing to shake Maguire's hand sparks aggro...
Gabriel refused to shake Harry Maguire's hand which sparked aggro at full...
58m ago from SkySports.com
Arteta feeling bullish after Arsenal ‘take...
t;li>Head coach and players spoke in wake of United defeatSide is ‘in...
2h ago from TheGuardian.com
Arteta encouraged by 'beautiful' meeting with players...
Mikel Arteta has revealed he called his players for a meeting to...
2h ago from SkySports.com
Arsenal chose well when they sent Ethan Nwaneri on...
liam Saliba became a leader during his time in France. Arsenal are hoping...
6h ago from TheGuardian.com
Comments
Hottest News
2026 F1 Barcelona Pre-Season Test - Day 2 results
See the results from the second day of pre-season... Read More »
1h ago from RacingNews365.com
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 2
The second day of on-track action for F1 in 2026... Read More »
11h ago from RacingNews365.com
Aston Martin F1 team make 2026 driver decision
Aston Martin F1 team have confirmed their full... Read More »
57m ago from GPFans.com
