News Details
Money and driver trouble for Lotus
By Editor on Monday, May 27, 2013 Lotus has recorded the biggest financial loss in motor racing history, according to F1 business journalist Christian Sylt.
A report in the Telegraph said the Enstone based team's latest accounts show an almost $86 million loss for 2012, due to declining sponsorship.
'No other F1 team filing publicly-available accounts has ever lost as much money,' said Sylt.
There could be more bad news around the corner for Lotus, amid continuing rumours top driver Kimi Raikkonen could jump ship to Red Bull at the end of the year.
'That would be a shame for Lotus,' F1 legend Alain Prost told Welt am Sonntag newspaper, 'because he has done a great job for them. But it's...
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