News Details
Lopez hits back at Genii financial reports
Gerard Lopez has lashed back at reports suggesting Lotus team owner Genii is in dire financial health.
The Luxembourg newspaper Tageblatt reported recently that Genii, headed by Lopez and his business partner Eric Lux, is recording ever-growing losses and debts.
Britain's Independent newspaper said Lopez, although based in Luxembourg, flew in his private jet to Genii's London headquarters to "put the record straight".
"It's absurd to say that Genii has financial problems," he insisted. "Yes, Lotus has lost money, like every other F1 team in the world."
Lopez said the Enstone based team cost Genii "about EUR 50 million" last year and debt is currently...
Full Story »
Full Story »
11y ago from GrandPrix.com
0
You May Also Be Interested In...
Lopez denies Genii financial troubles
Gerard Lopez
Lotus owner Gerard Lopez has lashed back at reports...
11y ago from GrandPrix247.com
Lopez dismisses talk of Lotus financial problems
Whilst admitting that his team has lost money, Lotus owner Gerard Lopez...
11y ago from Pitpass.com
Lotus' finances are improving
Gerard Lopez finds it amusing that Lotus' finances have made so many...
11y ago from PlanetF1.com
Axed Luca Marmorini hits back at Ferrari
Axed Luca Marmorini hits back at FerrariPosted On 18 Aug 2014By :...
11y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Why Jorge Martin is back - but not at his best yet in...
No description available...
4h ago from Motorsport.com
MotoGP's Concorde Agreement edges closer as talks near...
No description available...
10h ago from Motorsport.com
MotoGP completes investigation into Brazilian GP...
No description available...
1d ago from Motorsport.com
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ed Carpenter set for one-off Indy 500 run with...
No description available...
3h ago from Motorsport.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
22h ago from MotorsportWeek.c...
Will Power: “You cannot have a weakness” going...
No description available...
22h ago from Motorsport.com
Carb day concert line-up announced for Indy 500
Indianapolis Motor Speedway has announced which bands will be playing on...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
4d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal eye statement signing of 19-G/A attacker who...
Arsenal are looking to sign the PSG attacker Khvicha Kvaratskhelia at the...
46m ago from CaughtOffside.com
Arsenal plot 35M raid for one of Brazil's brightest...
Arsenal are looking to sign a quality right back in the summer, and they...
1h ago from CaughtOffside.com
Arsenal latest: 'Gunners target summer deal for PSG's...
No description available...
1h ago from SkySports.com
Backlash against Ipswich Town shows why football can't...
Politics has wormed its way back into football, and Reform UK are thrilled...
5h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Christian Horner return on the ropes, Adrian...
Christian Horner's route back into F1 with a... Read More »
4h ago from GPFans.com
Throwback: F1 forced to change Japan schedule after typhoon...
The 2019 Japanese Grand Prix weekend saw major... Read More »
1h ago from RacingNews365.com
Honda delivers telling update as Aston Martin woes continue
Honda has delivered a telling update on its... Read More »
2h ago from MotorsportWeek.com
