News Details

Lotus boss believes most F1 teams struggling like Lotus

Lotus boss believes most F1 teams struggling like Lotus 23 December, 2013 Gerard Lopez Gerard Lopez, the owner of the Lotus F1 Team, believes the vast majority of the teams in Formula 1 are currently struggling financially. Lotus' problems have had a high profile in 2013, as the Enstone based team thrived with a competitive car but tackled reports it was struggling to pay its drivers, employees and suppliers. But the Russian website Formula 1news.ru quoted Lopez as insisting: 'For 80 per cent of the teams, their financial situation is no better than ours. 'If half of those teams say they are leaving Formula 1, it would lead to the collapse of the championship,' he claimed. Lopez said it is...
Full Story »
11y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Maldonado visits Lotus HQ and meets up with his new...

Maldonado visits Lotus HQ and meets up with his new team 19 December,...
11y ago from GrandPrix247.com

Boullier angry at reports claiming he is moving to...

Boullier angry at reports claiming he is moving to Force India 19...
11y ago from GrandPrix247.com

Boullier: I have not resigned

Lotus F1 team principal Eric Boullier took to Twitter over the weekend to...
11y ago from Crash.net

Ferrari denies wanting F1 car weight limit increase

Ferrari denies wanting F1 car weight limit increase 22 December, 2013...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez shares initial reaction to new MotoGP...

Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...

Popular On IndyCarToday.com

Nolan Siegel predicts new Arrow McLaren shop will...

Arrow McLaren recently announced details for its new IndyCar race shop,...
11h ago from MotorsportWeek.c...

How Palou can clinch his fourth IndyCar championship...

Alex Palou is the man of the moment in IndyCar, and currently holds a 121...

Popular On TotalWRC.com

Popular On GunnersToday.com

Multiple PL clubs contact Real Madrid over possible...

Real Madrid have reportedly been waiting to receive a concrete offer for...
9h ago from SportsKeeda.com

Report: Arsenal still in market for two major...

Arsenal’s summer transfer business is far from over, with Mikel Arteta...
11h ago from FreshArsenal.com

Report: Arsenal ‘reignite interest' in Serie A...

There's been news trickling in today that suggests Arsenal still have work...
11h ago from FreshArsenal.com

Arsenal vs Athletic Bilbao Prediction and Betting Tips...

Club football returns to the fold with another set of matches this weekend...
11h 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.