News Details
Lotus F1 endeavour not a failure, says Gerard Lopez
XPB Images
Luxembourg entrepreneur and former Lotus F1 co-owner Gerard Lopez believes that in hindsight, his involvement in F1 was 'not a failure'. Lopez and partner Eric Lux, through their Genii Capital entity, sold Lotus F1 to Renault at the end of 2015, apparently for a symbolic single Euro. But Lopez, who is now investing in the LOSC Lille football club, disagrees with those who say the investment was a flop. "My foray with Lotus was not a failure," Lopez told French agency AFP. "We took over the team by investing EUR 40 million in debt repurchasing and saved 450 jobs. The team had no sponsors but we attracted many of them. "But when we reached an...
Full Story »
Full Story »
You May Also Be Interested In...
Giovinazzi deserves F1 seat - Minardi
©Wri2
Former Formula 1 team owner Giancarlo Minardi believes new Ferrari...
9y ago from F1i.com
McLaren still interested in Formula 1 stake – Brown
McLaren still interested in Formula 1 stake – Brown Zak Brown has...
9y ago from ThisIsF1.com
Manor Racing admits survival in doubt
Manor F1 Racing admits survival in doubt Manor and its administrators...
9y ago from ThisIsF1.com
Haas aiming for 'quality over quantity' in 2017
XPB Images
Formula One team owner Gene Haas has said that he's...
9y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
17h ago from Motorsport.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
1d ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
1d ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
3d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
6d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
4d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
3d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
6d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Southampton 2-1 Arsenal: FA Cup quarter-final – as...
da Eckert’s impressive team went at Arsenal from the get-go and were...
5h ago from TheGuardian.com
Shea Charles stuns Arsenal to send Southampton into FA...
talk of a quadruple always felt fanciful, quashed by defeat at Wembley a...
5h ago from TheGuardian.com
Arteta says Arsenal must ‘look in the mirror’...
t;li>League leaders fall to late strike in FA Cup‘I love my players....
5h ago from TheGuardian.com
Arsenal crash out of FA Cup to sensational Southampton
Arsenal crashed out of the FA Cup quarter-finals as Southampton produced...
7h ago from SkySports.com
Comments
Hottest News
Oscar Piastri reveals 'big surprise' after shock George...
Oscar Piastri became the first driver to beat a... Read More »
32m ago from RacingNews365.com
Williams sack James Vowles, sign Christian Horner and...
As many expected, James Vowles has been given his... Read More »
3d ago from GrandPrix247.com
F1 EXPLAINED: Things to know about convergence-assisting...
Formula One’s next regulatory cycle, spanning... Read More »
6h ago from F1Technical.net
