News Details
Lotus sells stake in team to investment group
Lotus have sold a 35 per cent stake in the team to investment group Infinity Racing Partners Limited, they announced on Tuesday.The Enstone-based squad was previously 100 per cent owned by Genii Capital, the investment firm co-founded by Lotus F1’s chairman Gerard Lopez. Under the new arrangement, Genii Capital will retain a controlling stake (65 per cent) of the team, with Lopez continuing as Chairman and Genii CEO Eric Lux retaining his seat on the Board of Directors.Speaking about Infinity Racing, an investment consortium comprised of private investors from America, Abu Dhabi and royal family interests of an unnamed oil producing nation, Lux said:“As Lotus F1 Team results...
Full Story »
Full Story »
12y ago from Formula1.com
0
You May Also Be Interested In...
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
Infinity Racing takes 35% stake in Lotus F1
An investment consortium, Infinity Racing, has acquired a 35 per cent...
12y ago from TheF1Times.com
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
Elsewhere On The Network
Popular On MGPToday.com
MotoGP riders praise “really fun” Brazil GP track...
No description available...
4h ago from Motorsport.com
MotoGP Brazilian GP: Johann Zarco tops rain-hit Friday...
No description available...
6h ago from Motorsport.com
Johann Zarco takes top spot in rain-affected timed...
Johann Zarco made the most out of the rain-affected Brazilian MotoGP...
5h ago from MotorsportWeek.c...
Fermin Aldeguer reaches agreement with Ducati to race...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
3d ago from Motorsport.com
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
3d ago from MotorsportWeek.c...
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
3d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
6d ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
4d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta tells Arsenal players and fans to...
t;li>‘Years without a trophy, it adds more drive’Manager not...
3h ago from TheGuardian.com
Arsenal vs Manchester City Prediction and Betting Tips...
Fireworks will be lit at Wembley on Sunday, as Arsenal and Manchester City...
5h ago from SportsKeeda.com
'I've never been in a final' | Semenyo reflects on his...
Man City's Antonie Semenyo talks through his humble beginnings in the...
5h ago from SkySports.com
Eze shines as dominant Arsenal reach Champions League...
Arsenal set up a Champions League quarter-final against Sporting Lisbon as...
6h ago from SkySports.com
Comments
Hottest News
Max Verstappen Nurburgring Results: NLS2 Race times and...
F1 champion Max Verstappen returns to the... Read More »
4h ago from GPFans.com
Aston Martin crisis at risk of spiralling as FIA weigh up...
The two F1 race cancellations could hamper Aston... Read More »
5h ago from GPFans.com
Max Verstappen Nurburgring Results: NLS2 Qualifying times...
Four-time F1 champion Max Verstappen is returning... Read More »
8h ago from GPFans.com
