News Details
Lotus sells share in team to UK property tycoon
13 May, 2013 Formula 1 team Lotus has reportedly sold a $1.5 million stake to a British property investor.
Writing in the Telegraph, Formula 1 business journalist Christian Sylt said the buyer is Andrew Ruhan, who bought a 2 per cent stake from team owner Genii Capital.
Genii's Gerard Lopez confirmed that Ruhan is 'a friend and a business partner in some substantial real estate developments, loves cars, racing and has purchased, if I am not mistaken, 2pc of the equity to be on the board and feel involved -– for sure, not a substantial deal for either party.'
Sylt also revealed in the Telegraph that, having initially refused to let Mercedes onto Formula 1′s board as per other top...
Full Story »
Full Story »
12y ago from YallaF1.com
0
You May Also Be Interested In...
Lotus quick to rubbish Raikkonen exit rumours
Lotus team owner Gerard Lopez has rejected the notion that star driver...
12y ago from RichlandF1.com
Lotus: Raikkonen to stay if car is strong
Kimi Raikkonen will commit himself to a fresh contract at Lotus as long...
12y ago from AutoSport.com
F1 2013 – Lotus sure Kimi Raikkonen will stay
Lotus team owner Gerard Lopez feels Kimi Raikkonen will remain with the...
12y ago from F1.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
1d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
1d ago from Motorsport.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
4d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Santino Ferrucci: Alternate aero package needed for...
For this weekend’s IndyCar finale at Nashville Superspeedway, the...
8h ago from MotorsportWeek.c...
IndyCar's Alex Palou is not on Red Bull's F1...
No description available...
1d ago from Motorsport.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
3d ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Rally Paraguay leaderboard in disarray after...
No description available...
7h ago from Motorsport.com
Rovanperä leads, Fourmaux stars in Paraguay
Kalle Rovanperä and Jonne Halttunen took the lead of the inaugural Rally...
8h ago from MotorsportWeek.c...
WRC Paraguay: Adrien Fourmaux leads, Sebastien Ogier...
No description available...
13h ago from Motorsport.com
FIA promises WRC investment following commercial...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal agree Hincapie deal
Arsenal have agreed a deal with Bayer Leverkusen to sign Piero Hincapie on...
8h ago from SkySports.com
Mikel Arteta backs Eberechi Eze to make impact on...
t;li>‘He’s a player that loves those scenarios and moments’Saka...
7h ago from TheGuardian.com
Medical this weekend: Ornstein shares latest on...
Arsenal have now agreed on a deal to sign Piero Hincapie from German club...
8h ago from CaughtOffside.com
No excuses for Arteta and Arsenal with new signings...
ee seasons of work from the head coach on the same host body have led in a...
10h ago from TheGuardian.com
Comments
Hottest News
Oscar Piastri wary of sudden 'bite' as Lando Norris title...
Oscar Piastri was beaten by team-mate Lando... Read More »
56m ago from RacingNews365.com
F1 2025 Dutch Grand Prix – FP2 Results
Lando Norris set the pace in FP2 for the 2025 F1... Read More »
14h ago from MotorsportWeek.com
FIA issue McLaren punishment verdict after Piastri incident...
McLaren have been hit with a punishment at the... Read More »
12h ago from GPFans.com
