News Details
Lotus up to date on 'all salaries'
Lotus have reportedly paid "all salaries" to staff amidst rumours of financial trouble at the F1 team.
Earlier this week, Germany's Motorsport-Total reported that the Enstone-based team is "in financial trouble" and fighting for "survival."
The team, the article alleges, is in debt to the tune of €120m ($160m) with salaries paid late and "suppliers and service providers" also not getting their money on time.
One person has recently confirmed he has not been paid on time is Kimi Raikkonen.
"This happened last year, now again so it is not ideal," said the 33-year-old, who is considering a move to Red Bull Racing.
However, according to...
Full Story »
Full Story »
12y ago from PlanetF1.com
0
You May Also Be Interested In...
Lotus brushes aside late payment rumours
Lotus has responded to downcast rumours over its current financial state,...
12y ago from GPUpdate.net
Lotus struggling with finances?
Troubling signs of financial weakness are emerging from Lotus.
The...
12y ago from GrandPrix.com
Sauber boss admits delay in Russian financial rescue...
Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
12y ago from GrandPrix247.com
Lotus reportedly struggling financially
August 6th, 2013 - Troubling signs of financial weakness are emerging...
12y ago from F1Plus.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin explains post-season surgeries: 'I...
No description available...
8h ago from Motorsport.com
MotoGP Sepang test: Marc Marquez tops Day 1 as Fabio...
No description available...
15h ago from Motorsport.com
Why KTM riders see encouraging signs after first day...
No description available...
10h ago from Motorsport.com
Fabio Quartararo to return home after breaking finger...
No description available...
14h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher adjusting to life in IndyCar as maiden...
No description available...
5h ago from Motorsport.com
Reigning IndyCar champion Alex Palou gets new livery...
Chip Ganassi Racing has revealed a new livery for the #10 entry ahead of...
8h ago from MotorsportWeek.c...
IndyCar legend Dario Franchitti to race NASCAR Truck...
No description available...
9h ago from Motorsport.com
IndyCar, Monumental Sports & Entertainment partner for...
No description available...
10h ago from Motorsport.com
Popular On TotalWRC.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
13h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
1w ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta savours ‘vitamins’ as Arsenal reach...
No description available...
1h ago from TheGuardian.com
Quadruple-chasing Arsenal can dream a micromanaged...
ir season has now reached a point of pre-ignition, where the highly...
1h ago from TheGuardian.com
Redknapp: Arsenal can win two or three trophies
Jamie Redknapp backed Arsenal to win "two or three" trophies...
1h ago from SkySports.com
Reaching Wembley the 'best vitamin' | Arteta so happy...
Carabao Cup: Arsenal vs Chelsea | Mikel Arteta says reaching Wembley is...
1h ago from SkySports.com
Comments
Hottest News
Adrian Newey makes ‘last minute' revelation about...
Adrian Newey has revealed that a number of... Read More »
8h ago from MotorsportWeek.com
Lewis Hamilton 'splits with key team member for SECOND time'
Seven-time champion Lewis Hamilton has reportedly... Read More »
6h ago from GPFans.com
What Kelly Piquet put on her jacket potato, you are not...
What screams wealth to you? A place in Monaco? A... Read More »
3h ago from GPFans.com






























