News Details
Infinity Racing takes 35% stake in Lotus F1
An investment consortium, Infinity Racing, has acquired a 35 per cent stake in the Lotus F1 Team for an undisclosed figure. Infinity Racing - not to be confused with Red Bull's title sponsor Infiniti - 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. Genii Capital will retain a controlling 65 per cent stake in the team and Genii co-founder Gerard Lopez will remain Chairman whilst Eric Lux, CEO of Genii Capital, will continue his role on the team’s Board of Directors. Lopez believes the deal will strengthen the teams ability to compete at the...
Full Story »
Full Story »
12y ago from TheF1Times.com
0
You May Also Be Interested In...
F1 2013 – Lotus strengthen financial position with...
Lotus F1 Team has new part-owners as of today, with Infinity Racing...
12y ago from F1.co.uk
Lotus sells stake to investment group
Lotus owner Genii Capital has sold a 35 per cent stake in the team to new...
12y ago from AutoSport.com
Genii sells 35% of Lotus to Infinity Racing
Genii Capital has sold 35% of its stake in Lotus to Infinity Racing but...
12y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
Shoulder injury pushes Marc Marquez into his...
No description available...
2h ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
1d ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
2d ago from MotorsportWeek.c...
KTM backs “unlucky” Maverick Vinales to return and...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
2d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
2d ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
2d ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Thierry on top in Croatia
Thierry Neuville and Martijn Wydaeghe are on track to claim Hyundai’s...
19h ago from MotorsportWeek.c...
WRC Croatia: Hyundai closes in on first win to end...
No description available...
16h ago from Motorsport.com
WRC Croatia: Puncture chaos hands Thierry Neuville...
No description available...
19h ago from Motorsport.com
Oliver Solberg out of Croatia Rally (for now)
Friday: Oliver Solberg crashed out of Rally Croatia about four km into...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Brazil International rejects Manchester United and...
Brazil international and Atalanta midfielder Ederson has reportedly...
1h ago from SportsKeeda.com
Perspective: 5 reasons Mikel Arteta sack would be a...
Nine points clear at the top of the table with six games left and Arsenal...
3h ago from CaughtOffside.com
“Apparently he’s the biggest leader since Lord...
Jan Age Fjortoft has slammed Arsenal star Declan Rice after the Gunners'...
3h ago from SportsKeeda.com
Sources: Liverpool & Chelsea have 'very concrete...
Liverpool and Chelsea are among the clubs preparing to make a move for one...
4h ago from CaughtOffside.com
Comments
Hottest News
Ex-F1 star names the one driver who was harder to race than...
Former F1 star Jacques Villeneuve has revealed... Read More »
2h ago from MotorsportWeek.com
Max Verstappen backed for sensational F1 swap deal
Max Verstappen could potentially be in the midst... Read More »
1h ago from MotorsportWeek.com
A Governor, a Senator but first and foremost a Racer
The late Carlos Reutemann, who sadly died from... Read More »
48m ago from F1i.com
