{"id":18267,"date":"2013-05-13T07:07:19","date_gmt":"2013-05-13T11:07:19","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=18267"},"modified":"2013-05-13T07:07:19","modified_gmt":"2013-05-13T11:07:19","slug":"lotus-sells-team-stake-mercedes-on-f1-board","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/lotus-sells-team-stake-mercedes-on-f1-board\/","title":{"rendered":"Lotus sells team stake, Mercedes on F1 board"},"content":{"rendered":"<p>F1 team Lotus has reportedly sold a $1.5 million stake to a British property investor.<\/p>\n<p><img loading=\"lazy\" class=\"ngg-singlepic ngg-left alignright\" style=\"margin: 5px 10px;\" alt=\"Gerard-Lopez-2\" src=\"https:\/\/www.racinginfocus.com\/rif\/gallery\/f1-2013-rif-images\/f1-2013-persons\/Gerard-Lopez-2.jpg\" width=\"384\" height=\"256\" \/>Writing in the Telegraph, F1 business journalist Christian Sylt said the buyer is Andrew Ruhan, who bought a 2 per cent stake from team owner Genii Capital.<\/p>\n<p>Genii&#8217;s Gerard Lopez confirmed that Ruhan is &#8220;a friend and a business partner in some substantial real estate developments, loves cars, racing and has purchased, if I am not mistaken, 2pc of the equity to be on the board and feel involved -\u2013 for sure, not a substantial deal for either party.&#8221;<\/p>\n<p>Sylt also revealed in the Telegraph that, having initially refused to let Mercedes onto F1&#8217;s board as per other top teams, Bernie Ecclestone has now appointed a Daimler executive.<\/p>\n<p>&#8220;Correct,&#8221; Sylt told us.\u00a0 &#8220;Pre and post (the sport&#8217;s floatation), they&#8217;re on it.&#8221;<\/p>\n<p><span style=\"color: #888888;\"><em>\u00a9 RIF | GMM<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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, who bought a 2 per cent stake from team owner Genii Capital. Genii&#8217;s Gerard Lopez confirmed that Ruhan is &#8220;a friend and a business partner &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[4464,5262,5340,127,58,306],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/18267"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=18267"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/18267\/revisions"}],"predecessor-version":[{"id":18268,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/18267\/revisions\/18268"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=18267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=18267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=18267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}