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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...
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9y ago from FormulaSpy.com 0
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