News Details
Future of Lotus in 'significant doubt' after £170m loss
The future of historic British motor marque Lotus has been called into question after the company made a £167.8m net loss in 2013 writes Christian Sylt in the Daily Telegraph.The Norfolk-based manufacturer is an official partner of the eponymous Formula One team but it does not own a stake in it. Being a partner is not the only connection between the two as Proton, the Malaysian company which owns Group Lotus, is understood to have given the team a £35m loan in 2012 so the health of the manufacturer could have consequences for F1.There is a long-standing joke in the motor industry that Lotus stands for 'Lots Of Trouble Usually Serious' and that couldn't be a better description...
Full Story »
Full Story »
12y ago from Pitpass.com
0
You May Also Be Interested In...
Boullier says Lotus future is safe
Lotus insist their Formula 1 future is secure despite their decision to...
12y ago from BBC.co.uk
'Everything is fine at Lotus'
Despite opting to sit out the first pre-season test, Eric Boullier...
12y ago from PlanetF1.com
Unhappy Valsecchi might be out of Lotus
January 8th, 2013 (F1plus/GMM).- Davide Valsecchi has admitted he is...
12y ago from F1Plus.com
Lotus to miss first pre-season test of 2014
Lotus, fourth-place finishers in the 2013 constructors’...
12y ago from Formula1.com
Elsewhere On The Network
Popular On MGPToday.com
Why Aprilia boss is "disappointed" about not...
No description available...
2h ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
1d ago from Motorsport.com
Trackhouse Aprilia launches two liveries ahead of 2026...
Trackhouse Aprilia satellite team has launched its two new liveries in...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
4h ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
6h ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
5h ago from Motorsport.com
Ed Carpenter Racing reveals multiple organizational...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Solberg sensational in the snow (and slush, and rain)
Oliver Solberg and Elliot Edmondson, making their debut as full-time...
27m ago from MotorsportWeek.c...
FIA offers update on new WRC commercial rights holder...
No description available...
1h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
5h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg takes early lead...
No description available...
20h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal vs Manchester United Prediction and Betting...
The Premier League returns to the fold with a massive clash between two of...
47m ago from SportsKeeda.com
Then and now: what has changed since the opening...
s weekend’s fixtures are the reverse of a first round that saw Arsenal...
1h ago from TheGuardian.com
Arsenal handed double injury boost ahead of PL clash...
Arsenal have been handed a double injury boost ahead of their Premier...
1h ago from SportsKeeda.com
Report: Arsenal enquire about blockbuster transfer,...
Arsenal have reportedly made some initial informal enquiries over the...
2h ago from CaughtOffside.com
Comments
Hottest News
'Lads, WTF is this?' F1 fans react to Ferrari 2026 car...
Ferrari have officially unveiled their 2026 F1... Read More »
47m ago from GPFans.com
F1 News Today: Lewis Hamilton's Ferrari STOPS on track as...
F1 TV's schedule has confirmed fans will miss out... Read More »
3h ago from GPFans.com
Hamilton 'massively excited' for F1 2026 'new beginning'
Lewis Hamilton says he is "massively... Read More »
1h ago from SkySports.com
