News Details
Lotus sells share in team to UK property tycoon
13 May, 2013 Formula 1 team Lotus has reportedly sold a $1.5 million stake to a British property investor.
Writing in the Telegraph, Formula 1 business journalist Christian Sylt said the buyer is Andrew Ruhan, who bought a 2 per cent stake from team owner Genii Capital.
Genii's Gerard Lopez confirmed that Ruhan is '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 -– for sure, not a substantial deal for either party.'
Sylt also revealed in the Telegraph that, having initially refused to let Mercedes onto Formula 1′s board as per other top...
Full Story »
Full Story »
12y ago from YallaF1.com
0
You May Also Be Interested In...
Lotus quick to rubbish Raikkonen exit rumours
Lotus team owner Gerard Lopez has rejected the notion that star driver...
12y ago from RichlandF1.com
Lotus: Raikkonen to stay if car is strong
Kimi Raikkonen will commit himself to a fresh contract at Lotus as long...
12y ago from AutoSport.com
F1 2013 – Lotus sure Kimi Raikkonen will stay
Lotus team owner Gerard Lopez feels Kimi Raikkonen will remain with the...
12y ago from F1.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Valentino Rossi’s VR46 team launches 2026 MotoGP...
No description available...
23h ago from Motorsport.com
VR46 boss defends Franco Morbidelli after...
VR46 Ducati Team Manager Pablo Nieto has defended Franco Morbidelli...
20h ago from MotorsportWeek.c...
Aprilia reveals 2026 MotoGP bike for Marco Bezzecchi...
No description available...
3m ago from Motorsport.com
VR46 Ducati launches 2026 MotoGP livery
Pertamina Enduro VR46 Ducati presented its newest livery for the 2026...
23h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
18h ago from Motorsport.com
Escotto confirmed by Juncos Hollinger Racing for 2026...
No description available...
1d ago from Motorsport.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
4d ago from Motorsport.com
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Dakar 2026, Stage 10: Mathieu Serradori wins as Nasser...
No description available...
23h ago from Motorsport.com
KTM star Daniel Sanders snaps collarbone while leading...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal handed huge boost in attempts to make...
Arsenal could be presented with a rare market opportunity this summer,...
3h ago from FreshArsenal.com
'I would go absolutely ballistic' – Gyokeres...
Arsenal striker Viktor Gyokeres scored a much-needed goal in last night's...
13m ago from CaughtOffside.com
Chelsea 2-3 Arsenal: A decent step towards the final
Match report – Player ratings – Arteta reaction – Video...
4h ago from Arseblog.com
Defender could make January return to Arsenal but...
Nottingham Forest are seriously considering terminating Oleksandr...
4h ago from CaughtOffside.com
Comments
Hottest News
AI fakery of Audi F1 car has led to fresh scrutiny on 2026...
The early shakedown of Audi's F1 R26 challenger... Read More »
53m ago from MotorsportWeek.com
Domenicali calls for calm and a plan as Ferrari eyes 2026...
Formula 1’s most polished powerbroker has seen... Read More »
1h ago from F1i.com
The Michael Schumacher title advantage that ‘pissed...
Mika Hakkinen has revealed an aspect of his... Read More »
4h ago from MotorsportWeek.com
