News Details
Boullier: Costs must come down
Team boss Eric Boullier has urged Formula One to curb rising costs admits reports that Lotus are in financial trouble.
Earlier this week a report emerged claiming that Lotus are in debt to the tune of €120m ($160m) while the team was late in paying salaries and suppliers.
Lotus, though, are not the only team facing financial issues with Boullier saying that "80 percent of the teams" are open to introducing measures to cut costs.
"The problem is that some teams - like Red Bull, Ferrari and Mercedes - can still afford the old way and can spend a lot on the car; we can't," the Frenchman told Autosport.
"To keep teams competitive, we need to keep a minimum budget...
Full Story »
Full Story »
12y ago from PlanetF1.com
0
You May Also Be Interested In...
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
Lotus up to date on 'all salaries'
Lotus have reportedly paid "all salaries" to staff amidst...
12y ago from PlanetF1.com
Sauber boss admits delay in Russian financial rescue...
Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
12y ago from GrandPrix247.com
Kimi gets 'ten out of ten' from Lotus boss Boullier
"I'd say it's been a positive start," said Lotus F1 team...
12y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Ducati MotoGP boss on Pecco Bagnaia’s struggles:...
No description available...
4h ago from Motorsport.com
How Marc Marquez pressure forced Marco Bezzecchi into...
No description available...
5h ago from Motorsport.com
MotoGP San Marino GP: Marc Marquez outduels Marco...
No description available...
8h ago from Motorsport.com
Marc Marquez defeats Marco Bezzecchi in Misano to edge...
Marc Marquez’s MotoGP dominance continued as he edged out Marco...
8h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar confirms there will be no race in Mexico in...
No description available...
1d ago from Motorsport.com
IndyCar rules out Mexico City race for 2026
The NTT IndyCar Series has announced that Mexico City will not be...
1d ago from MotorsportWeek.c...
Robert Shwartzman refutes rumors about unhappiness in...
Robert Shwartzman has denied that he is unhappy in IndyCar after wrapping...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Ogier ‘s clean sweep on Rally Chile –...
Sebastien Ogier and Vincent Landais triumphed on WRC Rally Chile BioBio,...
2h ago from MotorsportWeek.c...
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
3h ago from Motorsport.com
Oliver Solberg wants “full season in WRC” after...
No description available...
19m ago from Motorsport.com
Why Elfyn Evans says it “won’t be easy” to catch...
No description available...
11h ago from Motorsport.com
Popular On GunnersToday.com
Athletic Bilbao vs Arsenal Prediction and Betting Tips...
The 2025-26 edition of the UEFA Champions League kicks off with its first...
2h ago from SportsKeeda.com
Arsenal v Nottingham Forest: Premier League – live
t;li>Match at Emirates Stadium kicks off at 12.30pm (BST)<a...
1d ago from TheGuardian.com
Better times just around the corner for Nottingham...
t;li>Manager targets midweek Carabao Cup tie after Arsenal loss‘My...
5h ago from TheGuardian.com
'Wow' – Arteta reveals what Madueke said that...
Arsenal manager Mikel Arteta has explained that Noni Madueke's reaction to...
1d ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen absence confirmed for next race
Four-time champion Max Verstappen will not be... Read More »
10h ago from GPFans.com
Toto Wolff labels George Russell an 'a**hole' in Mercedes...
Mercedes F1 boss Toto Wolff is yet to officially... Read More »
3h ago from GPFans.com
Colton Herta issued firm instruction by Cadillac ahead of...
Colton Herta is trading IndyCar for an F2 attack... Read More »
3h ago from RacingNews365.com
