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
How MotoGP concessions work and why they're more...
No description available...
2h ago from Motorsport.com
Marc Marquez tops opening MotoGP practice session at...
Ducati's Marc Marquez responded to his crash at the Spanish Grand Prix by...
4h ago from MotorsportWeek.c...
Marc Marquez dominates timed MotoGP practice in Le Mans
Ducati's Marc Marquez set a new all-time lap record as he dominated the...
29m ago from MotorsportWeek.c...
MotoGP bans testing of 2027-spec machinery until end...
The FIM has banned MotoGP teams from test 2027-specification machinery...
3h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Special throwback Indy 500 livery unveiled for Jacob...
Dale Coyne Racing unveiled a special livery for this year’s upcoming...
17h ago from MotorsportWeek.c...
Robert Shwartzman still working to understand ‘very...
Robert Shwartzman is one of rookie three drivers racing in IndyCar this...
2d ago from MotorsportWeek.c...
Arrow McLaren extends partnership with RJ Reynolds
Arrow McLaren announced on Tuesday that it has extended its Primary...
2d ago from MotorsportWeek.c...
Scott McLaughlin on Alex Palou's supreme form:...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Discover the updated WRC 2027 rules presented to WRC...
No description available...
7h ago from Motorsport.com
Exclusive: Carlos Sainz Sr explains why “now is the...
No description available...
1d ago from Motorsport.com
Who is potential FIA presidential candidate Carlos...
No description available...
2d ago from Motorsport.com
Exclusive: Carlos Sainz Sr considering run for FIA...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'No way' – Arsenal warned against falling into...
Arsenal have been warned against making a move for the admittedly...
1h ago from CaughtOffside.com
Star with 62 goals in last 54 games expected to choose...
Clubs reportedly feel that Sporting Lisbon goal machine Viktor Gyokeres is...
59m ago from CaughtOffside.com
Liverpool lineup vs. Arsenal: Predicted XI for Premier...
Sports Mole takes an in-depth look at how Liverpool could line up for...
2h ago from SportsMole.co.uk
Arsenal lineup vs. Liverpool: Predicted XI for Premier...
Sports Mole takes an in-depth look at how Arsenal could line up for...
1h ago from SportsMole.co.uk
Comments
Hottest News
F1: Oakes saga takes a new twist
It has emerged that days before Oliver Oakes... Read More »
4h ago from Pitpass.com
'It feels strange' - Martin Brundle voices concern over...
George Russell has spent the last several years... Read More »
1h ago from RacingNews365.com
Verstappen goes under cover for secret Nordschleife test
Max Verstappen took a break from Formula 1 this... Read More »
1h ago from F1i.com
