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
Should there be a tear-off rule following Marco...
No description available...
21h ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
1d ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
1d ago from Motorsport.com
How MotoGP’s energy drink landscape could shift
No description available...
2d 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...
1h ago from MotorsportWeek.c...
Mick Schumacher shares injury update after breaking...
No description available...
1d ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
1d ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
2d ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
2d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
3d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Man United lead Arsenal in the race for 50m-rated...
Manchester United are looking to sign Morten Hjulmand from Sporting CP. A...
3h ago from CaughtOffside.com
“Ethan has to respond” - Arsenal boss Arteta makes...
Arsenal boss Mikel Arteta said Ethan Nwaneri must respond to criticism...
2h ago from SportsKeeda.com
Arsenal and Liverpool ready to pounce on 24-year-old...
Arsenal and Liverpool are interested in signing Daniel Svensson from...
5h ago from CaughtOffside.com
'I don't see them winning all the games' - Carragher...
Jamie Carragher has delivered a bold prediction about the Premier League...
3h ago from SportsKeeda.com
Comments
Hottest News
Former F1 driver Alex Zanardi dies aged 59
Former F1 driver and Paralympic champion Alex... Read More »
3h ago from GPFans.com
F1 team in FIA curfew breach at Miami GP
Race weekends are back, and you know what that... Read More »
51m ago from GPFans.com
Adjusted 2026 F1 Miami Grand Prix Sprint starting grid...
Find out who is starting where for the 2026 F1... Read More »
8h ago from RacingNews365.com
