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Lotus F1 admits Renault talks taking place
Lotus has admitted it is in talks to be bought out by Renault. The Enstone team arrived at the Hungaroring amid a dispute with tyre supplier Pirelli, as it emerged that a $500,000 payment to the Italian marque was overdue. 'We had a problem with the bank transfer,' insisted deputy team boss Federico Gastaldi. 'We are not so crazy that we will make the trip from the UK to Hungary without having the money for tyres. It was just bad timing. 'In this situation there is a lot of talk but it's a waste of time to have to refute all the rumours,' he is quoted by Speed Week. Gastaldi, however, cannot deny completely that Lotus is struggling financially, as another disgruntled supplier, Xtrac,...
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10y ago from ThisIsF1.com
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