Gerard Lopez has hit out at F1’s “archaic management”. Refuting rumours he is looking for new investors to replace the Lotus boss, F1 supremo Bernie Ecclestone earlier this month insisted ...
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Lopez hits back at Genii financial reports
Gerard Lopez has lashed back at reports suggesting Lotus team owner Genii is in dire financial health. The Luxembourg newspaper Tageblatt reported recently that Genii, headed by Lopez and his ...
Read More »Lotus owner committed to F1 for now – Lopez
At least for now, team owner Gerard Lopez insists he is committed to formula one. In the past weeks, he has consistently played down the importance of the confirmed news ...
Read More »Lotus struggling with ‘money problems’ – reports
Troubling signs of financial weakness are emerging from Lotus. The authoritative German website motorsport-total.com reports that, although in the hunt for the 2013 title, the Genii-owned outfit is “struggling to ...
Read More »Lotus sells team stake, Mercedes on F1 board
F1 team Lotus has reportedly sold a $1.5 million stake to a British property investor. Writing in the Telegraph, F1 business journalist Christian Sylt said the buyer is Andrew Ruhan, ...
Read More »Lotus to sell stake to fund Raikkonen deal – report
Lotus owner Genii is offering part of the Enstone based team for sale, according to a report by Cesare Mannucci in Italy’s Autosprint. Mannucci said the money would go towards ...
Read More »Group Lotus no longer Lotus team sponsor
Group Lotus will no longer sponsor the formula one team that bears its name. But – as F1’s perpetually bizarre ‘Lotus’ saga takes another twist – the Enstone based team, ...
Read More »Raikkonen not Lotus team owner – Boullier
Eric Boullier has slammed rumours Kimi Raikkonen is a shareholder in the Lotus team. It was reported that the 2007 world champion’s retainer this year was subsidised by owner Genii ...
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