News Details

Quantum running out of time for Lotus deal - Lopez

Quantum, the investment group looking to buy 35 per cent of Lotus, has denied once again that the deal is collapsing. There is no doubt, however, that team owner Gerard Lopez's patience is running out. "They have very little time," he told Germany's Auto Motor und Sport. "Either they fulfil their contractual obligations, or we must draw our conclusions," added Lopez. The Quantum group is led by Mansour Ijaz, who after playing down speculation in Abu Dhabi recently, has now travelled to Austin with the same message. "There is no question that the deal is going to work out," he insisted on Saturday. Ijaz said the hefty flow of cash has been held up by red tape,...
Full Story »
12y ago from GrandPrix.com 0
Share

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...
12y ago from GrandPrix247.com

Lopez admits to frustration with Quantum

Two weeks after Quantum Motorsport's Mansoor Ijaz claimed that the deal...
12y ago from Pitpass.com

Lotus deal will happen, insists Quantum

Mansoor Ijaz, head of the Quantum Motorsports firm purchasing a 35 percent...
12y ago from GPUpdate.net

Lopez: Schumi run would have been fun

Lotus owner Gerard Lopez says as a Formula One fan it would have been...
12y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi satisfied with ‘smaller’...

Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...
30m ago from MotorsportWeek.c...

Davide Brivio: Trackhouse looking to remain Aprilia's...

Team boss Davide Brivio has revealed that Trackhouse Racing is looking to...

Popular On IndyCarToday.com

Honda quick in IndyCar Sebring test, Grosjean tests...

Nearly the entire IndyCar paddock was present at Sebring International...
19h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Don't know exactly…' – Guardiola issues...

Manchester City manager Pep Guardiola has provided some insight into...
30m ago from CaughtOffside.com

Twist in the title race? Frank Leboeuf makes bold...

Former Chelsea defender Frank Leboeuf has predicted Arsenal to play out a...
3h ago from SportsKeeda.com

Kai Havertz injury blow ahead of trip to Brentford

Morning. Arsenal are in Premier League action this evening, away to...
3h ago from Arseblog.com

Report: Man United are frontrunners in race to sign...

Manchester United are reportedly emerging as the frontrunners in the race...
5h 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.