News Details

Lotus brushes aside late payment rumours

Lotus has responded to downcast rumours over its current financial state, the team informing GPUpdate.net on Tuesday afternoon that all salaries have been paid. According to Germany's Motorsport-Total, the Enstone-based outfit is now more than 100 million pounds in debt, while it has also reported that staff members have been paid late throughout the 2013 campaign, even threatening to strike in late July. However, when questioned by GPUpdate.net, a spokesperson for the team brushed aside "any supposed strike threat" and confirmed that "all salaries are up to date." Kimi Räikkönen revealed in Hungary that the financial issues between himself and the team are ongoing,...
Full Story »
12y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

F1 2013 – Webber: a sad state for F1

Mark Webber has opened up about the current state of F1 and feels it is a...
12y ago from F1.co.uk

Lotus struggling with finances?

Troubling signs of financial weakness are emerging from Lotus. The...
12y ago from GrandPrix.com

Lotus struggling with ‘money problems'

By Editor on Tuesday, August 6, 2013 Troubling signs of financial...
12y ago from F1Zone.net

Reports of Lotus cash struggles won't go away as they...

Troubling signs of financial weakness are continuing to emerge from Lotus,...
12y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Indianapolis 500 – Qualifying results

Late Sunday afternoon, the starting order for the 110th Indianapolis 500...

Two drivers disqualified following Indy 500 qualifying

Following Sunday’s qualifying for the Indianapolis 500, two cars failed...

Alex Palou class of the field, secures Indy 500 pole

The final rounds of qualifying for the 110th Indianapolis 500 took place...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Would be good timing for him' - Pundit believes one...

Former Arsenal star Mikael Silvestre believes one Gunners star could leave...
11h ago from SportsKeeda.com

Arsenal and Man United learn asking price of Newcastle...

Sandro Tonali could become one of the biggest Premier League midfield...
19h ago from CaughtOffside.com

Rodri sends warning to Arsenal after Manchester City's...

Manchester City star Rodri has sent a strong message to Arsenal after the...
23h ago from SportsKeeda.com

Sources: £265,000 per week Arsenal star is...

Gabriel Jesus’ future at Arsenal is starting to look increasingly...
22h ago from CaughtOffside.com

Comments

Hottest News

2026 F1 Canadian Grand Prix - Time Schedule

Don't miss any of the action and check out all... Read More »
30m ago from RacingNews365.com

2026 Indy 500 - Full qualifying results

Check out the full results from qualifying for... Read More »
5h ago from RacingNews365.com

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.