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Lotus F1 find their investor
Behind all the controversies in Formula One hides the financial concern over Lotus F1’s future. The venture capital fueled team has long been a competitive force in Formula One when it was Renault F1 and has been the team that defied the giants. Signing world champion Kimi Raikkonen was a coup for the group even as their title sponsor and namesake, Lotus, was removing themselves from the twisted and expensive investment of Dany Bahar.
Regardless of the cultural fame they garnered, they are still seeking investors to help foot the bill for their operation and in Formula 1, car development is a galactic endeavor. The good news this week is that Lotus seem to have found that investor.
Lotus...
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12y ago from Formula1Blog.com
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