News Details
Lotus deal will happen, insists Quantum
Mansoor Ijaz, head of the Quantum Motorsports firm purchasing a 35 percent stake in the Lotus F1 team, says there is "zero chance" of its proposed deal falling through. In recent days, Lotus chiefs have expressed concerns over ongoing delays in the transfer of agreed finances, but Ijaz acted to reassure the Enstone-based outfit at this weekend's United States Grand Prix that the situation is completely under control. "There is no question that the deal will take place and there is no question that the monies have been debited from our side," explained Ijaz. "There is zero chance that this deal will not happen. In the international banking system, when monies come...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Quantum boss adamant Lotus deal is on but Lopez warns...
Quantum boss adamant Lotus deal is on but Lopez warns time is running out...
11y ago from GrandPrix247.com
F1 2013 – Hulkenberg turns down chance to replace...
Nico Hulkenberg has reportedly turned down the chance to replace surgery...
11y ago from F1.co.uk
FIA guaranteed income from F1 stake deal?
Yesterday Pitpass' business editor Christian Sylt revealed that if...
11y ago from Pitpass.com
Kovalainen closes on Caterham deal
Lotus F1 Team Enlarge Heikki Kovalainen doesn't see his opportunity at...
11y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
Casey Stoner slams MotoGP's new stability control...
Two-time MotoGP champion Casey Stoner has voiced his disapproval of...
10h ago from MotorsportWeek.c...
Diogo Moreira to join Honda ahead of 2026 MotoGP debut
No description available...
10h ago from Motorsport.com
Marc Marquez reveals ‘worry’ over Fermin Aldeguer...
Marc Marquez admits rookie Fermin Aldeguer was his biggest concern en...
1d ago from MotorsportWeek.c...
Winners and losers from MotoGP's Austrian Grand Prix
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
1d ago from Motorsport.com
MSR extends Marcus Armstrong contract for 2026 IndyCar...
Meyer Shank Racing announced on Monday that it will keep Marcus Armstrong...
1d ago from MotorsportWeek.c...
Strongest season yet for Pato O’Ward has been...
Pato O’Ward is having the best IndyCar season of his career, and is...
3d ago from MotorsportWeek.c...
McLaren to auction future F1, IndyCar and WEC cars in...
McLaren is to auction future F1, IndyCar and World Endurance Championship...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
4d ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
6d 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
PFA Premier League Team of the Year: Liverpool and...
Liverpool and Arsenal players dominate today's PFA Premier League Team of...
4h ago from CaughtOffside.com
Contract agreed: Arsenal star to sign new deal with...
Arsenal forward Leandro Trossard has reportedly agreed a new contract with...
5h ago from CaughtOffside.com
Ex-Gunner warns: 'Arsenal fans shouldn't expect'...
Former Arsenal winger Jermaine Pennant has warned the club's fans not too...
6h ago from CaughtOffside.com
Definitive Arsenal transfer update breaks after...
Ademola Lookman is currently considered unlikely to sign for Arsenal in...
10h ago from CaughtOffside.com
Comments
Hottest News
Sky Sports find Martin Brundle replacement
The Sky Sports F1 broadcast would be incomplete... Read More »
6h ago from GPFans.com
F1 legend reveals timeline for surprise Red Bull comeback
Red Bull could be set for a comeback to the top... Read More »
4h ago from GPFans.com
Fernando Alonso green lights F1 switch
Aston Martin F1 star Fernando Alonso says he... Read More »
14h ago from GPFans.com
