News Details

F1 2013 – Lotus strengthen financial position with new investor

Lotus F1 Team has new part-owners as of today, with Infinity Racing Partners Limited (Infinity Racing) acquiring a 35% minority stake in the team. Infinity Racing joins Genii Capital, who retain a controlling stake in the team, with Gerard Lopez continuing as Chairman.Infinity Racing is an investment consortium whose special purpose vehicle is comprised of private investors that include an American hedge fund manager, an Abu Dhabi-based multinational business group and royal family interests of a major oil producing nation.Lotus F1 Team was previously 100% owned by an investment vehicle of Genii Capital – a global investment management and financial advisory firm headquartered in...
Full Story »
12y ago from F1.co.uk 0
Share

You May Also Be Interested In...

Lopez denies Allison absence causing Lotus slump

Team owner Gerard Lopez has snapped at suggestions the recent departure of...
12y ago from GrandPrix.com

Lopez denies Allison departure cause of Lotus slump

Lopez denies Allison departure cause of Lotus slump 11 June, 2013 James...
12y ago from GrandPrix247.com

Lopez denies Allison absence causing Lotus slump

Team owner Gerard Lopez has snapped at suggestions the recent departure...
12y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Why WorldSBK leader Nicolo Bulega could miss out on a...

Rumours surrounding Nicolo Bulega and a possible move to MotoGP in 2027...
21h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Hyundai continues to honour Craig Breen's memory

Hyundai Shell Mobis World Rally Team will run a special livery at this...
19h ago from MotorsportWeek.c...

Kalle Rovanpera returns to WRC with Subaru

Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...

Popular On GunnersToday.com

'I don't want to see him' - Darren Bent asks Arsenal...

Pundit Darren Bent has urged Arsenal manager Mikel Arteta to keep...
55m ago from SportsKeeda.com

Report: Chelsea rival Man Utd for £70m transfer to...

Chelsea are reportedly ready to join the race for the transfer of...
35m ago from CaughtOffside.com

From Spain: Arsenal & Man Utd transfer target...

Barcelona midfielder Marc Casado has reportedly told his agent to get him...
1h ago from CaughtOffside.com

BBC reporter reveals what Martin Odegaard was seen...

Arsenal captain Martin Odegaard was seen engaged in a lengthy and animated...
7h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.