News Details
Lotus F1 sells 2 per cent stake for 1m
One of Britain's most successful property investors has paid a reported £1 million for a 2 per cent stake in the Lotus F1 team this weekend, according to media reports on Monday.Andrew Ruhan had joined the board of the team in February but denied at the time that he had bought into the business or that his position on the board was a precursor to his making an investment.But Gerard Lopez, the founder of private equity firm Genii Capital which owns Lotus, has now confirmed that Ruhan has bought a piece of the business while stressing that the property tycoon "is not a large or a controlling shareholder in the team."Lopez went on to reveal the size of Ruhan's initial stake in the...
Full Story »
Full Story »
You May Also Be Interested In...
Lotus sells share in team to UK property tycoon
13 May, 2013 Formula 1 team Lotus has reportedly sold a $1.5 million...
13y ago from YallaF1.com
Lotus sells team stake, Mercedes on F1 board
By Editor on Monday, May 13, 2013 F1 team Lotus has reportedly sold a...
13y ago from F1Zone.net
Lotus sells team stake?
F1 team Lotus has reportedly sold a $1.5 million stake to a British...
13y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP's expected departures leave WorldSBK's 2027...
As MotoGP's 2027 rider line-ups near completion, multiple expected...
3h ago from MotorsportWeek.c...
MotoGP’s new era: one bike in practice and less...
No description available...
5h ago from Motorsport.com
Jorge Martin escapes injury but hit with penalty for...
No description available...
2d ago from Motorsport.com
MotoGP's new Concorde Agreement receives green light
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Official race results: IndyCar 2026 at WWT Raceway
No description available...
23h ago from Motorsport.com
Josef Newgarden continues to ascend in IndyCar’s...
No description available...
21h ago from Motorsport.com
Complete IndyCar championship standings after 2026 WWT...
No description available...
23h ago from Motorsport.com
Christian Rasmussen pushing to resurrect “tough...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
4d ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
6d ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Aston Villa preparing offer as Arsenal join race for...
Aston Villa are looking to improve their defensive unit during the summer...
42m ago from CaughtOffside.com
Transfer battle brewing as Arsenal, Man United and...
Morgan Gibbs-White continues to be linked with a move away from Nottingham...
1h ago from CaughtOffside.com
Manchester City in pursuit as Arsenal hesitate over...
Arsenal are interested in signing Newcastle United full-back Tino...
2h ago from CaughtOffside.com
Arsenal ready to replace key figure behind the scenes...
Arsenal are set for an important behind-the-scenes change, with head of...
4h ago from CaughtOffside.com
Comments
Hottest News
Fernando Alonso teases remarkable Aston Martin recovery...
Fernando Alonso scored Aston Martin's first point... Read More »
2h ago from RacingNews365.com
Martin Brundle issues brutal verdict as F1 court handles...
Feeling sorry for F1 stewards is a bit like... Read More »
1h ago from GPFans.com
Max Verstappen 'victim' of F1 2026 regulations according to...
Max Verstappen has fallen victim to the new... Read More »
52m ago from GPFans.com
