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
Is Alex Marquez’s Jerez MotoGP breakthrough real or...
No description available...
6h ago from Motorsport.com
Should there be a tear-off rule following Marco...
No description available...
2d ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
2d ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
1d ago from MotorsportWeek.c...
Zanardi: The man whose name is a synonym for “hero”
No description available...
22h ago from Motorsport.com
Mick Schumacher shares injury update after breaking...
No description available...
3d ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
M-Sport weighs up WRC new car build as all options...
No description available...
4d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
4d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
4d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Fit and firing Bukayo Saka injects fresh belief into...
astating cameo highlighted the crucial role the winger has to play if...
1h ago from TheGuardian.com
‘Might leave..' – Ex-player names Arsenal...
As the season approaches its dramatic conclusion this May, the tension...
5h ago from CaughtOffside.com
Arsenal vs Atletico Madrid Prediction and Betting Tips...
The UEFA Champions League features another set of knockout matches this...
5h ago from SportsKeeda.com
English defender is convinced he is joining Arsenal in...
Several players are being linked with a move to Arsenal with Mikel Arteta...
6h ago from CaughtOffside.com
Comments
Hottest News
Red Bull star crashes out at Miami Grand Prix as weather...
Wet weather conditions wreaked havoc on the start... Read More »
51m ago from GPFans.com
FIA president announces massive F1 U-turn as exciting...
FIA president Mohammed Ben Sulayem has made a... Read More »
3h ago from GPFans.com
F1 Miami Grand Prix: Fans told to evacuate stands as...
F1 fans and personnel have been told to evacuate... Read More »
4h ago from GPFans.com




























