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 »
11y 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...
11y ago from GrandPrix247.com

Rosberg suffers tyre failure in Bahrain

Pirelli's three-day Bahrain tyre test came to an abrupt end for Mercedes...
11y 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...
11y 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...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Fabio Quartararo tops chaotic second Assen MotoGP...

Fabio Quartararo topped the timesheets for Yamaha after an extended...

Marc Marquez tops first Assen MotoGP practice despite...

Marc Marquez topped the timesheets in the first Assen MotoGP practice...
11h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar will not return to Thermal Club in 2026...

According to comments made by Thermal Club founder and owner Tim Rogers,...

Malukas’ recovery drive secures Foyt’s best team...

During Sunday’s IndyCar race at Road America, David Malukas was the...

Popular On TotalWRC.com

Ott Tanak tames rough Acropolis Rally Greece

Ott Tanak and Martin Jarveoja ended a rough, puncture-riddled opening day...

Popular On GunnersToday.com

Manchester United target blocking all offers as he...

Manchester United target Viktor Gyokeres is blocking offers from other...
4h ago from SportsKeeda.com

Major twist gives Arsenal hope of signing ‘most...

Real Madrid have not ruled out the possibility of selling Rodrygo Goes...
7h ago from CaughtOffside.com

Arsenal given ‘less than 2% chance’ of signing...

Arsenal’s hopes of landing one of their top striker targets this summer...
6h ago from CaughtOffside.com

Report: Arsenal receive huge boost in their bid to...

Arsenal have been handed a huge boost in their bid to sign Rodrygo as the...
7h ago from FreshArsenal.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.