News Details

Lotus rue lack of funds

Lotus' season had the potential to be far stronger had they had more money to develop the E23, according to technical director Nick Chester. The Enstone-based outfit remains the subject of a protracted takeover by former owners Renault, a move which would solve the team's long-running financial problems. A High Court case over unpaid tax and national insurance was adjourned for 10 weeks in September, until December 7, to give Renault time to complete its purchase of a controlling stake. Meanwhile, the financial pinch has also been felt by the team at the race track with employees locked out of their hospitality unit at the Japanese GP. And although the team are actually on course to finish...
Full Story »
9y ago from SkySports.com 0
Share

You May Also Be Interested In...

Chester: Finances hurt Lotus E23 development

Lotus F1 Team Lotus technical director Nick Chester says that development...
9y ago from F1Zone.net

2015 'felt a lot more restrictive' for Lotus

 XPB Images Lotus technical director Nick Chester says the...
9y ago from F1i.com

Lotus could have gone "a lot further" in 2015

Lotus could have been a much stronger force in the 2015 Formula 1 season...
9y ago from Motorsport.com

2016 will be difficult for Lotus/Renault –...

Pastor Maldonado is latest to comment on the situation of Lotus-Renault...
9y ago from F1Hub.net

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez demands respect for brother Alex Marquez...

Marc Marquez has called for “respect for all” MotoGP riders, after...

Gresini reveals extent of Alex Marquez's injuries...

Gresini Racing team manager Michele Masini revealed the extent of Alex...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar will not return to Thermal Club in 2026...

According to comments made by Thermal Club founder and owner Tim Rogers,...

Malukas’ recovery drive secures Foyt’s best team...

During Sunday’s IndyCar race at Road America, David Malukas was the...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Contacts are taking place' – Fabrizio Romano...

Fabrizio Romano has reported on the Eberechi Eze to Arsenal transfer...
45m ago from CaughtOffside.com

Can Arsenal Lift A Trophy In The 2025/26 Season?

There's no arguing that Arsenal are one of the top teams in both England...
1h ago from FreshArsenal.com

Arsecast Extra Episode 646 – 30.06.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
1h ago from Arseblog.com

Thomas Partey in talks to join new club alongside...

Thomas Partey is reportedly in talks to sign for Galatasaray after his...
25m 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.