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
Fabio Quartararo warns Yamaha MotoGP rebuild could...
No description available...
1h ago from Motorsport.com
Pedro Acosta found Ducati and Aprilia’s pace...
No description available...
3h ago from Motorsport.com
MotoGP Buriram test: Marco Bezzecchi breaks track...
No description available...
5h ago from Motorsport.com
Marc Marquez explains how injury recovery is delaying...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Paddock optimism for IndyCar’s new independent...
Drivers in the NTT IndyCar Series are largely happy to see the series’...
23h ago from MotorsportWeek.c...
Mick Schumacher gaining confidence on ovals after...
No description available...
2d ago from Motorsport.com
IndyCar expanding global broadcasting presence for the...
No description available...
3d ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
6d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Tottenham v Arsenal: Premier League – live
Premier League updates from the 4.30pm GMT kick-off<br>⚽ <a...
51m ago from TheGuardian.com
'Get him off the lineup', 'TV off' - Arsenal fans...
Arsenal fans are unhappy with Viktor Gyökeres’ inclusion in the...
21m ago from SportsKeeda.com
Just win
Just win. That's basically the only thought in my head this morning. After...
7h ago from Arseblog.com
Comments
Hottest News
Newey reportedly laid bare Honda engine crisis in F1 meeting
Adrian Newey’s vision for an Aston Martin... Read More »
5h ago from F1i.com
Yuki Tsunoda promised F1 return during 2026 season
Yuki Tsunoda was dropped from a full-time race... Read More »
31m ago from RacingNews365.com
Max Verstappen kicked the hornet's nest forcing Formula 1...
Verstappen is the dominant driver of this... Read More »
3h ago from GrandPrix247.com
