News Details

Lotus up to date on 'all salaries'

Lotus have reportedly paid "all salaries" to staff amidst rumours of financial trouble at the F1 team. Earlier this week, Germany's Motorsport-Total reported that the Enstone-based team is "in financial trouble" and fighting for "survival." The team, the article alleges, is in debt to the tune of €120m ($160m) with salaries paid late and "suppliers and service providers" also not getting their money on time. One person has recently confirmed he has not been paid on time is Kimi Raikkonen. "This happened last year, now again so it is not ideal," said the 33-year-old, who is considering a move to Red Bull Racing. However, according to...
Full Story »
12y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Lotus brushes aside late payment rumours

Lotus has responded to downcast rumours over its current financial state,...
12y ago from GPUpdate.net

Lotus struggling with finances?

Troubling signs of financial weakness are emerging from Lotus. The...
12y ago from GrandPrix.com

Sauber boss admits delay in Russian financial rescue...

Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
12y ago from GrandPrix247.com

Lotus reportedly struggling financially

August 6th, 2013 - Troubling signs of financial weakness are emerging...
12y ago from F1Plus.com

Elsewhere On The Network

Popular On MGPToday.com

Victoria Government rejects MotoGP requests to move...

The Victoria State Government has rejected a request from MotoGP to move...

Dorna Sports unveils rebrand as part of MotoGP...

Dorna Sports has announced it will be officially known as MotoGP Sports...

Popular On IndyCarToday.com

David Malukas heads the timesheets in opening IndyCar...

The NTT IndyCar Series held the first of two open test days at Phoenix...
15h ago from MotorsportWeek.c...

George Barber, founder of iconic IndyCar venue, passes...

Barber Motorsports Park has announced that founder of the iconic track...
20h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

Report: Tottenham star could complete surprise...

Tottenham striker Richarlison is reportedly a transfer target for Atletico...
1h ago from CaughtOffside.com

'One of the only ones in that dressing room who has...

Rio Ferdinand has backed Gabriel Jesus to be a critical player for Arsenal...
1h ago from SportsKeeda.com

Manchester United overtake Arsenal & Barcelona in...

Manchester United now reportedly look to be leading the race for the...
1h ago from CaughtOffside.com

Every Premier League free agent this summer, featuring...

We've got a list of every free agent who'll be on the market this summer...
3h ago from CaughtOffside.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.