News Details
Lotus Still Facing Financial Difficulties
Hungarian Grand Prix – Lotus are in the midst of another financial battle at the moment as they continue to fend off debtors. Despite signing driver Pastor Maldonado with his financial backers to plug a massive gap in their finances for 2015, it appears that the Enstone team are still being pursued by debtors. The financial pages of UK based Sunday newspapers last weekend reported that the team are still behind with 27 unpaid bills amounting to 1 million US Dollars. Xtrac, a transmission supplier has taken the step of applying to the courts for a ‘winding up' petition in an attempt to obtain some of their owed funds and are likely to be joined in this action by others owed...
Full Story »
Full Story »
9y ago from FormulaSpy.com
0
You May Also Be Interested In...
Pastor Maldonado: “It will be interesting to see how...
Pastor Maldonado heads to the Hungaroring this weekend hoping to return...
9y ago from TheCheckeredFlag....
Lotus F1 set for Renault talks in Hungary
Gerard Lopez is planning a rare-in-2016 visit to a grand prix next...
9y ago from ThisIsF1.com
Palmer remains hopeful of 2016 seat
Lotus F1 Team Lotus reserve driver Jolyon Palmer says he remains...
9y ago from F1Zone.net
Lotus preview the Hungarian GP
Romain Grosjean believes points will be on offer in Hungary while Pastor...
9y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez demands respect for brother Alex Marquez...
Marc Marquez has called for “respect for all” MotoGP riders, after...
1h ago from MotorsportWeek.c...
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
19h ago from MotorsportWeek.c...
Marc Marquez hits out at criticism of brother Alex...
No description available...
19h ago from Motorsport.com
Alex Marquez set for surgery after Dutch MotoGP crash
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
2d ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
3d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
5d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Why Ott Tanak feared final stage drama could cost his...
No description available...
16h ago from Motorsport.com
Ott Tanak ends Hyundai’s victory drought
Ott Tanak and Martin Jarveoja clinched their and Hyundai’s first...
21h ago from MotorsportWeek.c...
WRC Acropolis Rally: Ott Tanak ends Hyundai’s...
No description available...
21h ago from Motorsport.com
FIA investigates WRC retirements due to fuel system...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal & Man United offered £35m...
Arsenal and Manchester United are reportedly among the clubs to have been...
1h ago from CaughtOffside.com
Local media claims Arsenal will submit improved offer...
Arsenal have been linked with the move for the Valencia defender Cristhian...
2h ago from CaughtOffside.com
Football transfer rumours: Arsenal join Premier League...
ay’s fluff has the ice machine on
2h ago from TheGuardian.com
Sources: Matter of time before Arsenal &...
Sources consider it only a matter of time before Viktor Gyokeres leaves...
3h ago from CaughtOffside.com
Comments
Hottest News
Former F1 visionary and McLaren shareholder's car...
The unique car collection of former F1 visionary... Read More »
51m ago from MotorsportWeek.com
FIA issue Lando Norris disqualification verdict at Austrian...
The FIA have issued a comprehensive verdict for... Read More »
16h ago from GPFans.com
Piastri adds insult - quite literally - to Alpine’s...
Oscar Piastri’s relationship with Alpine was... Read More »
51m ago from F1i.com