{"id":19918,"date":"2013-11-17T07:46:51","date_gmt":"2013-11-17T12:46:51","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=19918"},"modified":"2013-11-17T07:46:51","modified_gmt":"2013-11-17T12:46:51","slug":"quantum-running-out-of-time-for-lotus-deal-lopez","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/quantum-running-out-of-time-for-lotus-deal-lopez\/","title":{"rendered":"Quantum running out of time for Lotus deal &#8211; Lopez"},"content":{"rendered":"<p>&#8216;Quantum&#8217;, the investment group looking to buy 35 per cent of Lotus, has denied once again that the deal is collapsing.<\/p>\n<p><img loading=\"lazy\" class=\"ngg-singlepic ngg-left alignleft\" 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\" \/>There is no doubt, however, that team owner Gerard Lopez&#8217;s patience is running out.<\/p>\n<p>&#8220;They have very little time,&#8221; he told Germany&#8217;s Auto Motor und Sport.<\/p>\n<p>&#8220;Either they fulfil their contractual obligations, or we must draw our conclusions,&#8221; added Lopez.<\/p>\n<p>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.<\/p>\n<p>&#8220;There is no question that the deal is going to work out,&#8221; he insisted on Saturday.<\/p>\n<p>Ijaz said the hefty flow of cash has been held up by red tape, and promised to apologise for the holdup by paying bonuses out of his own pocket.<\/p>\n<p>Lotus, however, cannot afford to simply go on hoping.\u00a0 It is rumoured Pastor Maldonado, with his millions in PDVSA backing in tow, is now definitely headed to Enstone to guarantee the team&#8217;s 2014 budget.<\/p>\n<p>&#8220;I have read that it is being reported in Venezuela that it (the deal) is done,&#8221; Lopez said, &#8220;but nothing is signed yet.\u00a0 He is a serious candidate for next year.<\/p>\n<p>&#8220;If other candidates are dropping out it&#8217;s because they have signed somewhere else,&#8221; he added.<\/p>\n<p>&#8220;We are taking our time, just as we did with Romain (Grosjean last year),&#8221; Lopez explained.<\/p>\n<p>&#8220;If what actually happened was as it was reported,&#8221; he smiled, &#8220;he (Grosjean) would now be working in the bank.&#8221;<\/p>\n<p>Lopez admitted, however, that Lotus needs to secure its future financially.<\/p>\n<p>&#8220;I will need a sponsor,&#8221; he said.\u00a0 &#8220;Whether the money comes with a driver or not, I don&#8217;t care &#8212; I would also take Fernando Alonso with his sponsor.&#8221;<\/p>\n<p>He hit out at the press, at Lotus&#8217; rivals and the F1 system in general for a lot of the negative stories about the team&#8217;s finances.<\/p>\n<p>&#8220;Some F1 journalists pretend they work for the Wall Street Journal,&#8221; he started.<\/p>\n<p>&#8220;But many of the these stories are deliberately put around the paddock by people who get more money from the rights holders for the same or a worse job as we do.&#8221;<\/p>\n<p><span style=\"color: #888888;\"><em>\u00a9 RIF | GMM<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8216;Quantum&#8217;, 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&#8217;s patience is running out. &#8220;They have very little time,&#8221; he told Germany&#8217;s Auto Motor und Sport. &#8220;Either they fulfil their contractual obligations, or we &#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":[2120,3],"tags":[5262,149,5340,306,4712,1842,1844,4701],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/19918"}],"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=19918"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/19918\/revisions"}],"predecessor-version":[{"id":19919,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/19918\/revisions\/19919"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=19918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=19918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=19918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}