News Details

Lotus F1 admits Renault talks taking place

Lotus has admitted it is in talks to be bought out by Renault. The Enstone team arrived at the Hungaroring amid a dispute with tyre supplier Pirelli, as it emerged that a $500,000 payment to the Italian marque was overdue. 'We had a problem with the bank transfer,' insisted deputy team boss Federico Gastaldi. 'We are not so crazy that we will make the trip from the UK to Hungary without having the money for tyres. It was just bad timing. 'In this situation there is a lot of talk but it's a waste of time to have to refute all the rumours,' he is quoted by Speed Week. Gastaldi, however, cannot deny completely that Lotus is struggling financially, as another disgruntled supplier, Xtrac,...
Full Story »
9y ago from ThisIsF1.com 0
Share

You May Also Be Interested In...

Lotus admits Renault talks taking place

Lotus has finally admitted it is in talks to be bought out by Renault....
9y ago from GrandPrix247.com

Lotus admits Renault talks taking place

Lotus has admitted it is in talks to be bought out by Renault. The Enstone...
9y ago from GrandPrix.com

Formula 1 world awaits Renault decision on future

Many in the paddock are waiting impatiently as Renault's future in...
9y ago from GrandPrix247.com

Grosjean admits Renault buys Lotus

Romain Grosjean has admitted his fingers are still crossed that rumours...
9y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Fabio Quartararo captures home MotoGP pole position at...

Yamaha’s Fabio Quartararo claimed his second-consecutive MotoGP pole...

Johann Zarco admits ‘positive’ Honda MotoGP talks...

Johann Zarco has admitted he is hoping to claim a factory Honda ride that...

Popular On IndyCarToday.com

IndyCar IMS GP – Qualifying Results

The third session of Friday’s marathon day on track for IndyCar was a...
16h ago from MotorsportWeek.c...

Alex Palou blasts away to earn IndyCar pole at...

Friday afternoon on the Indianapolis road course was reserved for an...
17h ago from MotorsportWeek.c...

Palou quickest in practice as IndyCar begins stint at...

The NTT IndyCar Series began the Indianapolis GP weekend with a chilly...

Popular On TotalWRC.com

Popular On GunnersToday.com

Dennis Bergkamp birthday: The Dutchman's 10 greatest...

To celebrate Dennis Bergkamp's 56th birthday, Sports Mole counts down the...
3h ago from SportsMole.co.uk

Arsenal could break unwanted club record in Liverpool...

Arsenal could set a new unwanted club record when they take on Liverpool...
1h ago from SportsMole.co.uk

Report: Arsenal star has Saudi transfer interest but...

Arsenal forward Gabriel Martinelli is reportedly attracting interest from...
1h ago from CaughtOffside.com

Arsenal already in talks with Real Madrid target

Arsenal are reportedly calm about the future of star centre-back William...
1h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.