News Details
Ijaz adamant Lotus deal will be concluded this week.
As doubts over Quantum Motorsport's purchase of 35% of Lotus continue, Mansoor Ijaz insists the deal will be concluded in the coming week.Given free rein by Sky Sports F1 to bring the public (and employees) up to date, Ijaz claimed that the deal, first announced in June, is still very much on, blaming the failure to reach an earlier conclusion on the banking system.'We're still very much going to join them (Lotus),' he told Sky Sports F1, when asked about the current situation. 'We have done, as I have said before, from our part, what we need to make sure that the assets in our portfolio were released. 'We live in a world where the banking compliance frameworks and the way in which...
Full Story »
Full Story »
12y ago from Pitpass.com
0
You May Also Be Interested In...
Lotus deal will happen, insists Quantum
Mansoor Ijaz, head of the Quantum Motorsports firm purchasing a 35 percent...
12y ago from GPUpdate.net
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
Quantum running out of time for Lotus deal - Lopez
Quantum, the investment group looking to buy 35 per cent of Lotus, has...
12y ago from GrandPrix.com
Lopez admits to frustration with Quantum
Two weeks after Quantum Motorsport's Mansoor Ijaz claimed that the deal...
12y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin sought Marc Marquez’s advice before...
No description available...
6h ago from Motorsport.com
Davide Brivio: Trackhouse looking to remain Aprilia's...
Team boss Davide Brivio has revealed that Trackhouse Racing is looking to...
7h ago from MotorsportWeek.c...
Joan Mir fears early silly season could leave MotoGP...
No description available...
1d ago from Motorsport.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher reveals what has surprised him the...
No description available...
53m ago from Motorsport.com
Honda quick in IndyCar Sebring test, Grosjean tests...
Nearly the entire IndyCar paddock was present at Sebring International...
2h ago from MotorsportWeek.c...
IndyCar Sebring test: Marcus Armstrong leads Day 2,...
No description available...
17h ago from Motorsport.com
Josef Newgarden views 2026 as a ‘hard reset’ after...
Josef Newgarden is coming off one of his toughest years in IndyCar,...
19h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg keeping feet on the ground ahead of...
No description available...
1d ago from Motorsport.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
5d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
6d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal and Liverpool involved in intense discussions...
Arsenal and Liverpool remain interested in signing Yan Diomande. The...
23m ago from CaughtOffside.com
Arsenal boss Mikel Arteta's classy response to Thomas...
Arsenal manager Mikel Arteta gave a classy response to the news that...
3h ago from CaughtOffside.com
'Shut up about Arsenal' – Spurs players shared...
Tottenham players were reportedly unimpressed by former manager Thomas...
4h ago from CaughtOffside.com
Journalist claims important Arsenal talks 'moving in a...
Arsenal's talks over a new contract for Kai Havertz are reportedly moving...
8h ago from CaughtOffside.com
Comments
Hottest News
LIVE: 2026 F1 Bahrain Pre-Season 1st Test - Day 1
Follow along with the first day of the first... Read More »
12h ago from RacingNews365.com
Lewis Hamilton sounds alarm over 'ridiculously complex' F1...
Lewis Hamilton has explained how difficult it... Read More »
43m ago from RacingNews365.com
Audi and Alpine reveal striking technical innovations in...
Technical analyst Paolo Filisetti takes a look at... Read More »
2h ago from RacingNews365.com
