News Details
Lotus Still Facing Financial Difficulties
Hungarian Grand Prix – Lotus are in the midst of another financial battle at the moment as they continue to fend off debtors. Despite signing driver Pastor Maldonado with his financial backers to plug a massive gap in their finances for 2015, it appears that the Enstone team are still being pursued by debtors. The financial pages of UK based Sunday newspapers last weekend reported that the team are still behind with 27 unpaid bills amounting to 1 million US Dollars. Xtrac, a transmission supplier has taken the step of applying to the courts for a ‘winding up' petition in an attempt to obtain some of their owed funds and are likely to be joined in this action by others owed...
Full Story »
Full Story »
10y ago from FormulaSpy.com
0
You May Also Be Interested In...
Pastor Maldonado: “It will be interesting to see how...
Pastor Maldonado heads to the Hungaroring this weekend hoping to return...
10y ago from TheCheckeredFlag....
Lotus F1 set for Renault talks in Hungary
Gerard Lopez is planning a rare-in-2016 visit to a grand prix next...
10y ago from ThisIsF1.com
Palmer remains hopeful of 2016 seat
Lotus F1 Team Lotus reserve driver Jolyon Palmer says he remains...
10y ago from F1Zone.net
Lotus preview the Hungarian GP
Romain Grosjean believes points will be on offer in Hungary while Pastor...
10y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP to stream free in US on new dedicated 24/7...
No description available...
1h ago from Motorsport.com
Kuala Lumpur emerges as favourite to host 2026 MotoGP...
No description available...
4h ago from Motorsport.com
BMW admits 2027 MotoGP entry ‘not viable’ as it...
BMW has admitted it is “not viable” for the German manufacturer to...
1d ago from MotorsportWeek.c...
Why the next contract matters more to Fabio Quartararo...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
1d ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
1d ago from Motorsport.com
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
1d ago from MotorsportWeek.c...
Alex Palou clinches title, becomes IndyCar’s newest...
Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
1w ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Offer accepted: Arsenal very close to finalising...
Arsenal are now closing in on the capture of Eberechi Eze from Crystal...
1h ago from CaughtOffside.com
Gyokeres, Sesko, Ekitike - Forwards with power to...
With Premier League clubs making major upgrades to their attacking...
4h ago from SkySports.com
Theo Walcott makes scoreline prediction for Premier...
Former Premier League star Theo Walcott has backed Arsenal to beat...
19m ago from SportsKeeda.com
“Little too much pressure” - Robbie Fowler...
Robbie Fowler has predicted who among Viktor Gyökeres, Benjamin Sesko,...
6h ago from SportsKeeda.com
Comments
Hottest News
Where McLaren has massively ‘impressed' Williams in...
Williams boss James Vowles admitted he is... Read More »
2h ago from MotorsportWeek.com
Can Red Bull Racing bounce back in 2026?
Red Bull Racing have ushered in a new era... Read More »
1h ago from GrandPrix247.com
Helmut Marko responds to McLaren gain after poaching...
McLaren hired a key name from Red Bull two years... Read More »
7h ago from RacingNews365.com