News Details

Lotus deal will happen, insists Quantum

Mansoor Ijaz, head of the Quantum Motorsports firm purchasing a 35 percent stake in the Lotus F1 team, says there is "zero chance" of its proposed deal falling through. In recent days, Lotus chiefs have expressed concerns over ongoing delays in the transfer of agreed finances, but Ijaz acted to reassure the Enstone-based outfit at this weekend's United States Grand Prix that the situation is completely under control. "There is no question that the deal will take place and there is no question that the monies have been debited from our side," explained Ijaz. "There is zero chance that this deal will not happen. In the international banking system, when monies come...
Full Story »
12y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Quantum boss adamant Lotus deal is on but Lopez warns...

Quantum boss adamant Lotus deal is on but Lopez warns time is running out...
12y ago from GrandPrix247.com

F1 2013 – Hulkenberg turns down chance to replace...

Nico Hulkenberg has reportedly turned down the chance to replace surgery...
12y ago from F1.co.uk

FIA guaranteed income from F1 stake deal?

Yesterday Pitpass' business editor Christian Sylt revealed that if...
12y ago from Pitpass.com

Kovalainen closes on Caterham deal

Lotus F1 Team Enlarge Heikki Kovalainen doesn't see his opportunity at...
12y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Dual-tone Chevy ZR1X pace car revealed for...

The NTT IndyCar Series has revealed the Chevrolet pace car for the...

Rookie Caio Collet fastest in two-day Indy 500 open...

The NTT IndyCar Series held its traditional two-day open test for the...
21h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal target two game-changers in huge 250 million...

Arsenal are preparing for a busy transfer window, and they have identified...
1h ago from CaughtOffside.com

Arsenal target 35m-rated UCL semi-finalist with 21 G/A...

Serge Gnabry has been an outstanding performer for Bayern Munich since...
3h ago from CaughtOffside.com

The men in black

‘We managed to piss off all the people we were fucking fed up with.’...
2h ago from Arseblog.com

'He's hardly played any games' - Pundit claims Mikel...

Gabby Agbonlahor believes Mikel Arteta does not trust Arsenal midfielder...
3h ago from SportsKeeda.com

Comments

Hottest News

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.