News Details
Lopez hits back at Genii financial reports
Gerard Lopez has lashed back at reports suggesting Lotus team owner Genii is in dire financial health.
The Luxembourg newspaper Tageblatt reported recently that Genii, headed by Lopez and his business partner Eric Lux, is recording ever-growing losses and debts.
Britain's Independent newspaper said Lopez, although based in Luxembourg, flew in his private jet to Genii's London headquarters to "put the record straight".
"It's absurd to say that Genii has financial problems," he insisted. "Yes, Lotus has lost money, like every other F1 team in the world."
Lopez said the Enstone based team cost Genii "about EUR 50 million" last year and debt is currently...
Full Story »
Full Story »
11y ago from GrandPrix.com
0
You May Also Be Interested In...
Lopez denies Genii financial troubles
Gerard Lopez
Lotus owner Gerard Lopez has lashed back at reports...
11y ago from GrandPrix247.com
Lopez dismisses talk of Lotus financial problems
Whilst admitting that his team has lost money, Lotus owner Gerard Lopez...
11y ago from Pitpass.com
Lotus' finances are improving
Gerard Lopez finds it amusing that Lotus' finances have made so many...
11y ago from PlanetF1.com
Axed Luca Marmorini hits back at Ferrari
Axed Luca Marmorini hits back at FerrariPosted On 18 Aug 2014By :...
11y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Nicolo Bulega: If no 2027 MotoGP move arrives, it's...
Nicolo Bulega believes that not securing a 2027 MotoGP ride wouldn’t be...
55m ago from MotorsportWeek.c...
Injured Maverick Vinales to miss Spanish GP after...
No description available...
2h ago from Motorsport.com
Has Ducati stagnated or have its MotoGP rivals caught...
No description available...
19h ago from Motorsport.com
KTM riders say top speed advantage has disappeared in...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
How Ayrton Senna's Penske IndyCar test unfolded
No description available...
1h ago from Motorsport.com
Complete IndyCar championship standings after Long...
No description available...
9h ago from Motorsport.com
Official race results: IndyCar 2026 Grand Prix of Long...
No description available...
12h ago from Motorsport.com
AJ Foyt crew member escapes injury after foot clipped...
An AJ Foyt Racing pit crew member has been given the all clear after...
9h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
2d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
2d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'I'm not going to jump on that bandwagon' – Gary...
England great Gary Lineker has backed Arsenal to notch their first Premier...
55m ago from SportsKeeda.com
“He’s a menace for the society” - Patrice Evra...
Patrice Evra has once again slammed former Arsenal forward Theo Walcott...
25m ago from SportsKeeda.com
“I have won 11 titles here!” - Arsenal star...
Arsenal striker Gabriel Jesus hit back at a Manchester City fan who called...
2h ago from SportsKeeda.com
Arsecast Extra Episode 691 – 20.04.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
1h ago from Arseblog.com
Comments
Hottest News
F1: The ADUO conundrum
The mechanism by which engine manufacturers can... Read More »
2h ago from Pitpass.com
George Russell speaks out on Max Verstappen F1 retirement:...
George Russell has spoken out about whether Max... Read More »
1h ago from GPFans.com
Weber ‘speechless' after Todt's Schumacher admission
Apr.20 Willi Weber has reacted with shock and... Read More »
4h ago from OneStopStrategy.com
