News Details

New investment just a matter of time - Lotus

Lotus is sure it will still secure investment from Quantum Motorsports even though the process is dragging on. The team has been attempting to finalise the deal for over four months after an initial announcement was made in June that 35% of Lotus had been sold to the group, then called Infinity Racing. The investment is crucial for the future of the team as majority owners Genii Capital, led by Gerard Lopez, look to share the cost of competing in Formula One and get a return on their investment. Without the investment finalised, the team's preparations for 2014 are in limbo as it assesses which driver to pick to replace the outgoing Kimi Raikkonen. However, Lopez says the deal will go...
Full Story »
12y ago from espnF1.com 0
Share

You May Also Be Interested In...

Exclusive - Boullier on Hulkenberg, finances and...

Lotus team principal Eric Boullier wants to sign Sauber’s Nico...
12y ago from Formula1.com

Vettel leads first practice in India

October 25th, 2013 (F1Plus / Chris Cameron-Dow) - Sebastian Vettel's bid...
12y ago from F1Plus.com

F1 2013 – Maldonado to Lotus said to be a done deal

Paddock insiders are reporting that Pastor Maldonado has a done deal with...
12y ago from F1.co.uk

Coming second more than just bragging rights to Lotus

October 31st, 2013 (F1plus/C. Cassingham).- Lotus could buy themselves...
12y ago from F1Plus.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar introduces safety flaps to prevent airborne...

The NTT IndyCar series has detailed a new addition to cars competing in...
22h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

'I don’t like all that' – Scholes slams...

Arsenal may have secured a dominant 4-1 victory over Tottenham on Sunday,...
30m ago from CaughtOffside.com

'It’s hard to take that out' - Paul Scholes names...

Paul Scholes has said Arsenal midfielder Declan Rice ‘looks too...
2h ago from SportsKeeda.com

Arteta tells Arsenal to seal £45m transfer after...

Piero Hincapie joined Arsenal on loan at the start of the season, and they...
2h ago from CaughtOffside.com

'He’s not influential anymore' - Frank Leboeuf asks...

Former Chelsea centre-back and N pundit Frank Leboeuf reckons Arsenal...
5h ago from SportsKeeda.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.