News Details
Boullier: Costs must come down
Team boss Eric Boullier has urged Formula One to curb rising costs admits reports that Lotus are in financial trouble.
Earlier this week a report emerged claiming that Lotus are in debt to the tune of €120m ($160m) while the team was late in paying salaries and suppliers.
Lotus, though, are not the only team facing financial issues with Boullier saying that "80 percent of the teams" are open to introducing measures to cut costs.
"The problem is that some teams - like Red Bull, Ferrari and Mercedes - can still afford the old way and can spend a lot on the car; we can't," the Frenchman told Autosport.
"To keep teams competitive, we need to keep a minimum budget...
Full Story »
Full Story »
12y ago from PlanetF1.com
0
You May Also Be Interested In...
Reports of Lotus cash struggles won't go away as they...
Troubling signs of financial weakness are continuing to emerge from Lotus,...
12y ago from GrandPrix247.com
Lotus up to date on 'all salaries'
Lotus have reportedly paid "all salaries" to staff amidst...
12y ago from PlanetF1.com
Sauber boss admits delay in Russian financial rescue...
Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
12y ago from GrandPrix247.com
Kimi gets 'ten out of ten' from Lotus boss Boullier
"I'd say it's been a positive start," said Lotus F1 team...
12y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Riders finally comment on MotoGP’s new track,...
No description available...
3h ago from Motorsport.com
Pedro Acosta tops second Balaton Park MotoGP practice
KTM rider Pedro Acosta topped the timesheets in the second MotoGP...
7h ago from MotorsportWeek.c...
Marc Marquez quickest in first MotoGP practice at...
Distant championship leader Marc Marquez continued his dominance by...
12h 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...
10h 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...
10h ago from CaughtOffside.com
Arsenal vs Leeds United Prediction and Betting Tips |...
The Premier League is back in action with another round of matches this...
5h ago from SportsKeeda.com
Tottenham only want players who wear club’s...
t;li>‘I don’t want players that don’t want to come to the...
5h ago from TheGuardian.com
Arsenal boss Mikel Arteta provides response when asked...
Arsenal manager Mikel Arteta has dropped a subtle hint that Eberechi Eze...
6h 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 »
1h ago from GPFans.com
F1 News Today: Verstappen stunned by team-mate reveal as...
Max Verstappen was left stunned after hearing a... Read More »
8h ago from GPFans.com
Lewis Hamilton ‘will stay' at Ferrari after F1 retirement...
Lewis Hamilton has been given a boost in... Read More »
3h ago from GPFans.com
