News Details
Infinity Racing takes 35% stake in Lotus F1
An investment consortium, Infinity Racing, has acquired a 35 per cent stake in the Lotus F1 Team for an undisclosed figure. Infinity Racing - not to be confused with Red Bull's title sponsor Infiniti - is comprised of private investors that include an American hedge fund manager, an Abu Dhabi-based multinational business group and royal family interests of a major oil producing nation. Genii Capital will retain a controlling 65 per cent stake in the team and Genii co-founder Gerard Lopez will remain Chairman whilst Eric Lux, CEO of Genii Capital, will continue his role on the team’s Board of Directors. Lopez believes the deal will strengthen the teams ability to compete at the...
Full Story »
Full Story »
12y ago from TheF1Times.com
0
You May Also Be Interested In...
F1 2013 – Lotus strengthen financial position with...
Lotus F1 Team has new part-owners as of today, with Infinity Racing...
12y ago from F1.co.uk
Lotus sells stake to investment group
Lotus owner Genii Capital has sold a 35 per cent stake in the team to new...
12y ago from AutoSport.com
Genii sells 35% of Lotus to Infinity Racing
Genii Capital has sold 35% of its stake in Lotus to Infinity Racing but...
12y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
2d ago from MotorsportWeek.c...
Liberty Media completes 4.3 billion takeover of...
Two weeks on from receiving unanimous EU approval, Liberty Media...
2d ago from MotorsportWeek.c...
Liberty Media completes its purchase of MotoGP
No description available...
2d ago from Motorsport.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
1w ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Alex Palou chooses to view costly Mid-Ohio mistake as...
Alex Palou was not the winner of Sunday’s IndyCar event from Mid-Ohio,...
3h ago from MotorsportWeek.c...
Scott Dixon capitalizes on Alex Palou’s mistake to...
The beginning of a busy stretch for IndyCar got under way on Sunday, with...
4h ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
4h ago from MotorsportWeek.c...
Winners and Losers from the IndyCar Mid Ohio 200
No description available...
3h ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
2d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
3d ago from Motorsport.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal ask for player + £10m to part with...
The transfer window always throws up some questionable things – but...
1h ago from FreshArsenal.com
Fenerbahçe table 15m bid for Arsenal forward: 3-year...
There's been lots of news of incomings today, with Viktor Gyokeres talks...
2h ago from FreshArsenal.com
Cristiano Ronaldo wants Al-Nassr to sign Real Madrid...
Cristiano Ronaldo reportedly wants Al-Nassr to sign Rodrygo from Real...
2h ago from SportsKeeda.com
Arsenal put off by 100m demand for priority target,...
According to a report by Sky Germany via GOAL, Arsenal have been put off...
3h ago from SportsKeeda.com
Comments
Hottest News
Max Verstappen shocked by 'extreme' Oscar Piastri penalty
Oscar Piastri received a hefty 10-second time... Read More »
7h ago from RacingNews365.com
FIA announce late demotion for F1 star at British Grand Prix
Things have just gone from bad to worse for one... Read More »
13h ago from GPFans.com
F1: Stewards explain Piastri penalty
Silverstone stewards explain why Oscar Piastri... Read More »
7h ago from Pitpass.com
