News Details
Lotus reportedly struggling financially
August 6th, 2013 - Troubling signs of financial weakness are emerging from Lotus. The German website motorsport-total.com reports that, although in the hunt for the 2013 title, the Genii-owned outfit is "struggling to survive" under EUR 120 million of debt. For example, although Kimi Raikkonen is second only to Sebastian Vettel in the chase for the drivers' championship, development of the 2013 car is apparently all but over. Asked also about rumours of 'money problems', leading Lotus engineer Alan Permane admitted to Auto Motor und Sport: "We have not much more in the pipeline for 2013. "What was planned has already been developed and will be used in the corresponding...
Full Story »
Full Story »
12y ago from F1Plus.com
0
You May Also Be Interested In...
Lotus struggling with ‘money problems'
By Editor on Tuesday, August 6, 2013 Troubling signs of financial...
12y ago from F1Zone.net
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
Mercedes hopeful over planned upgrades
Ross Brawn has explained that Mercedes will not ease off its car...
12y ago from GPUpdate.net
Rising Stars: Interview with Stephane Richelmi
After switching to reigning GP2 Constructors’ Champions, DAMS, for the...
12y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Márquez reigns supreme in Austria with...
t;li>Marc Márquez takes 142-point lead over brother AlexWins sixth GP...
7h ago from TheGuardian.com
Pecco Bagnaia demands answers from Ducati: “I’m...
No description available...
8h ago from Motorsport.com
Marc Marquez did feel Fermin Aldeguer threat in MotoGP...
No description available...
8h ago from Motorsport.com
MotoGP Austrian GP: Marc Marquez pulls off yet another...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
Strongest season yet for Pato O’Ward has been...
Pato O’Ward is having the best IndyCar season of his career, and is...
1d 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...
3d ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
6d ago from Motorsport.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
2d ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
4d ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
5d ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Premier League trio circling to sign £30m...
Jakub Kiwior’s Arsenal future looks increasingly uncertain, with...
57m ago from FreshArsenal.com
Ruben Amorim stands by Manchester United goalkeepers...
t;li>Bayindir error hands Arsenal 1-0 victory at Old TraffordAmorim:...
4h ago from TheGuardian.com
'That's a worry' – Roy Keane aims dig at Arsenal...
Manchester United legend Roy Keane has aimed a sly dig at Arsenal even...
5h ago from CaughtOffside.com
Ruben Amorim worryingly has to tell Altay Bayindir how...
Manchester United manager Ruben Amorim has responded to his goalkeeper...
5h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen tipped to have new world champion team-mate...
Max Verstappen has raced alongside a poor run of... Read More »
9h ago from GPFans.com
Christian Horner and wife Geri escape Red Bull nightmare...
Christian Horner has not had the best of summers... Read More »
5h ago from GPFans.com
Darth Maul or Mercedes driver? F1 star stuns fans with mad...
Mercedes F1 reserve driver Valtteri Bottas left... Read More »
3h ago from GPFans.com
