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 »
9y 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...
9y 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...
9y ago from ThisIsF1.com
Palmer remains hopeful of 2016 seat
Lotus F1 Team Lotus reserve driver Jolyon Palmer says he remains...
9y ago from F1Zone.net
Lotus preview the Hungarian GP
Romain Grosjean believes points will be on offer in Hungary while Pastor...
9y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Attritional German GP matches record for fewest...
No description available...
2h ago from Motorsport.com
Marc Márquez wins crash-filled German MotoGP as just...
t;li>Márquez holds off brother Alex to extend title leadFrancesco...
4h ago from TheGuardian.com
MotoGP German GP: Marc Marquez dominates for victory...
No description available...
5h ago from Motorsport.com
MotoGP German GP: Marc Marquez dominates for victory...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Arrow McLaren’s Nolan Siegel not cleared to race in...
No description available...
2h ago from Motorsport.com
Nolan Siegel not medically cleared for second IndyCar...
Arrow McLaren announced Sunday morning that its driver Nolan Siegel has...
3h ago from MotorsportWeek.c...
Pato O’Ward storms to IndyCar Iowa Speedway Race 1...
No description available...
17h ago from Motorsport.com
Pato O’Ward takes IndyCar victory over Josef...
The first race of the Iowa double-header took place on Saturday...
18h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Attritional German GP matches record for fewest...
No description available...
2h ago from Motorsport.com
Arrow McLaren’s Nolan Siegel not cleared to race in...
No description available...
2h ago from Motorsport.com
Will any NASCAR Cup driver actually challenge Shane...
No description available...
2h ago from Motorsport.com
Oliver Rowland clinches Formula E title as Nick...
No description available...
2h ago from Motorsport.com
Popular On GunnersToday.com
Ethan Nwaneri set to sign new 5-year deal at Arsenal
Arsenal are making significant strides towards securing the long-term...
1h ago from FreshArsenal.com
Bayern will look to sign Arsenal star if they fail in...
Bayern Munich have reportedly set their sights on Arsenal star Leandro...
2h ago from SportsKeeda.com
West Ham urged to sign player who made 65 appearances...
West Ham United have been told to make a move for a Premier League...
3h ago from CaughtOffside.com
Arsenal latest: Gyokeres deal reportedly 'close' as...
No description available...
28m ago from SkySports.com
Comments
Hottest News
Geri Horner faces spiralling debt amid Christian Horner Red...
Geri Halliwell-Horner is facing a financial blow... Read More »
3h ago from GPFans.com
F1 champion claims Ferrari have 'lost something' amid Lewis...
F1 champion Nigel Mansell has admitted he feels... Read More »
38m ago from GPFans.com
Oliver Rowland details hell before Formula E world title...
Oliver Rowland clinched the Formula E world... Read More »
48m ago from RacingNews365.com
