{"id":20748,"date":"2014-01-21T06:58:28","date_gmt":"2014-01-21T11:58:28","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=20748"},"modified":"2014-01-21T06:58:28","modified_gmt":"2014-01-21T11:58:28","slug":"quantum-chief-says-lotus-buy-in-deal-not-dead","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/quantum-chief-says-lotus-buy-in-deal-not-dead\/","title":{"rendered":"Quantum chief says Lotus buy-in deal not dead"},"content":{"rendered":"<p>Mansoor Ijaz, the man behind Lotus&#8217; delayed buy-in by the Quantum group, insists the deal is not dead.<\/p>\n<p>Lotus team owner Gerard Lopez said less than a week ago that, after repeated delays in concluding the 35 per cent deal, &#8220;we cancelled it&#8221;.<\/p>\n<p>&#8220;The money never arrived,&#8221; said Lopez.\u00a0 &#8220;For 2014, our budget is complete with our new sponsor PDVSA.&#8221;<\/p>\n<p>Ijaz, however, insists the deal is still on, albeit now in a different form.<\/p>\n<p>But why would Lopez so publicly declare otherwise?<\/p>\n<p>&#8220;In every clarification,&#8221; Ijaz told the grandprix247.com website, &#8220;there is also the possibility of additional misunderstandings arising, or journalists taking liberty with the actual words uttered.<\/p>\n<p>&#8220;This happened in our case,&#8221; he said.<\/p>\n<p>Ijaz said he remains on good terms with Lopez and other Genii executives who are &#8220;doing everything possible to assist me in concluding the deal&#8221;.<\/p>\n<p>&#8220;No one regrets the delays we have suffered in completing the Lotus investment more than I do,&#8221; he explained.\u00a0 &#8220;And no one is doing more to fix it than I am because that is what the team deserves for standing so clearly and strongly behind me for 7 months.&#8221;<\/p>\n<p>Ijaz said a new target for completing the deal is between the forthcoming Jerez test, and the Bahrain tests in mid February.<\/p>\n<p>And he issued a stark warning for those he described as &#8220;bloggerheads and irresponsible journalists&#8221; who have questioned his character and accused him of often being behind shady deals that ultimately collapse.<\/p>\n<p>&#8220;When we finish the Lotus financing, we will take each and every one of those bloggers and journalists who slandered me to task for their irresponsible behaviour,&#8221; he said.\u00a0 &#8220;Then we will see how big their mouths are.&#8221;<\/p>\n<p><span style=\"color: #888888;\"><em>\u00a9 RIF | GMM<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mansoor Ijaz, the man behind Lotus&#8217; delayed buy-in by the Quantum group, insists the deal is not dead. Lotus team owner Gerard Lopez said less than a week ago that, after repeated delays in concluding the 35 per cent deal, &#8220;we cancelled it&#8221;. &#8220;The money never arrived,&#8221; said Lopez.\u00a0 &#8220;For 2014, our budget is complete &#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":[5262,5340,58,306,4702,4766],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/20748"}],"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=20748"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/20748\/revisions"}],"predecessor-version":[{"id":20749,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/20748\/revisions\/20749"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=20748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=20748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=20748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}