News Details
Lotus up to date on 'all salaries'
Lotus have reportedly paid "all salaries" to staff amidst rumours of financial trouble at the F1 team.
Earlier this week, Germany's Motorsport-Total reported that the Enstone-based team is "in financial trouble" and fighting for "survival."
The team, the article alleges, is in debt to the tune of €120m ($160m) with salaries paid late and "suppliers and service providers" also not getting their money on time.
One person has recently confirmed he has not been paid on time is Kimi Raikkonen.
"This happened last year, now again so it is not ideal," said the 33-year-old, who is considering a move to Red Bull Racing.
However, according to...
Full Story »
Full Story »
12y ago from PlanetF1.com
0
You May Also Be Interested In...
Lotus brushes aside late payment rumours
Lotus has responded to downcast rumours over its current financial state,...
12y ago from GPUpdate.net
Lotus struggling with finances?
Troubling signs of financial weakness are emerging from Lotus.
The...
12y ago from GrandPrix.com
Sauber boss admits delay in Russian financial rescue...
Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
12y ago from GrandPrix247.com
Lotus reportedly struggling financially
August 6th, 2013 - Troubling signs of financial weakness are emerging...
12y ago from F1Plus.com
Elsewhere On The Network
Popular On MGPToday.com
Riders finally comment on MotoGP’s new track,...
No description available...
9h ago from Motorsport.com
Pedro Acosta tops second Balaton Park MotoGP practice
KTM rider Pedro Acosta topped the timesheets in the second MotoGP...
13h ago from MotorsportWeek.c...
Marc Marquez quickest in first MotoGP practice at...
Distant championship leader Marc Marquez continued his dominance by...
17h ago from MotorsportWeek.c...
Jack Miller on 2026 MotoGP plans: ‘Your guess is...
Four-time MotoGP race winner Jack Miller is waiting for an answer from...
16h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
PREMA adapting European approach to better suit IndyCar
PREMA has nearly completed its first season fielding a pair of entries in...
1d ago from MotorsportWeek.c...
NASCAR Trucks to join IndyCar for St. Petersburg race...
The 2026 schedule for the NASCAR Craftsman Truck Series (NCTS) was...
2d ago from MotorsportWeek.c...
Mexico IndyCar race edges closer as officials visit...
No description available...
2d ago from Motorsport.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
1d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Documents signed: Fabrizio Romano explains whether...
All the documents have reportedly been signed for Eberechi Eze to complete...
15h ago from CaughtOffside.com
Tottenham only want players who wear club’s...
t;li>‘I don’t want players that don’t want to come to the...
11h ago from TheGuardian.com
Arsenal vs Leeds United Prediction and Betting Tips |...
The Premier League is back in action with another round of matches this...
11h ago from SportsKeeda.com
Arsenal boss Mikel Arteta provides response when asked...
Arsenal manager Mikel Arteta has dropped a subtle hint that Eberechi Eze...
12h ago from SportsKeeda.com
Comments
Hottest News
Max Verstappen leaves Kelly Piquet screaming after 'illegal...
A four-time F1 champion like Max Verstappen does... Read More »
7h ago from GPFans.com
F1 News Today: Verstappen stunned by team-mate reveal as...
Max Verstappen was left stunned after hearing a... Read More »
14h ago from GPFans.com
Adrian Newey leaves Fernando Alonso stunned: 'It's...
Aston Martin has signed Adrian Newey to head its... Read More »
17h ago from RacingNews365.com