News Details

Lotus thinks most F1 teams struggling

Gerard Lopez, the owner of the Lotus outfit, believes the vast majority of the teams in Formula One are struggling financially. Lotus' problems have had a high profile in 2013, as the Enstone based team thrived with a competitive car but tackled rumours it was struggling to pay its drivers, employees and suppliers. But the Russian website f1news.ru quoted Lopez as insisting: 'For 80 per cent of the teams, their financial situation is no better than ours. 'If half of those teams say they are leaving Formula One, it would lead to the collapse of the championship,' he claimed. Lopez said it is extraordinarily difficult for a team to raise money through investment or traditional sponsorship...
Full Story »
12y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Lotus boss believes most F1 teams struggling like Lotus

Lotus boss believes most F1 teams struggling like Lotus 23 December, 2013...
12y ago from GrandPrix247.com

Rosberg suffers tyre failure in Bahrain

Pirelli's three-day Bahrain tyre test came to an abrupt end for Mercedes...
12y ago from RichlandF1.com

Ferrari F138 was the most reliable car in 2013

Ferrari F138 was the most reliable car in 2013 19 December, 2013 Fernando...
12y ago from GrandPrix247.com

Todt hopes Ecclestone stays F1 boss for many years

Todt hopes Ecclestone stays F1 boss for many years 17 December, 2013...
12y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Long Beach to bring in new leadership for iconic event

Organizers of the annual Grand Prix of Long Beach event have announced...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

'I saw it live, I saw it here. I saw it now again' -...

Arsenal manager Mikel Arteta believes his side were denied a clear penalty...
50m ago from SportsKeeda.com

Nottingham Forest 0-0 Arsenal: Gunners misfire to...

Match report – Player ratings – Arteta reaction – Quotes...
4h ago from Arseblog.com

 Arsenal star Declan Rice's X-rated reaction after...

Declan Rice was pissed following Arsenal’s 0-0 draw against Nottingham...
7h ago from SportsKeeda.com

Arteta: Arsenal denied 'clear penalty' after Aina...

Mikel Arteta believes his Arsenal side should have been given a...
16h ago from SkySports.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.