News Details
Consortium buys stake in Lotus
The owners of Lotus F1 have sold a 35% stake in the team to an investment consortium called Infinity Racing.The Enstone-based outfit will remain under the control of Gerard Lopez's Genii Capital group, which originally bought a majority share in the then Renault team in late 2009 before taking over outright ownership the following year, but the deal announced on Tuesday will see them reduce their shareholding to 65% as the new consortium come aboard as minority partners.
Although Lotus's announcement didn't specify the identity of the 'private investors' behind Infinity Racing, their press release stated that the constorium included an 'American hedge fund manager, an Abu Dhabi-based...
Full Story »
Full Story »
12y ago from SkySports.com
0
You May Also Be Interested In...
F1 2013 – Lotus strengthen financial position with...
Lotus F1 Team has new part-owners as of today, with Infinity Racing...
12y ago from F1.co.uk
Lotus sells 35 percent stake to investor
The Lotus F1 Team has sold a 35 percent stake to Infinity Racing Partners...
12y ago from GPUpdate.net
Lotus sells stake in team to investment group
Lotus have sold a 35 per cent stake in the team to investment group...
12y ago from Formula1.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez sets the pace in first Brno MotoGP...
Marc Marquez picked up where he left off in Hungary by setting the...
1h ago from MotorsportWeek.c...
Raul Fernandez recovers from appendicitis in time for...
No description available...
2h ago from Motorsport.com
The story behind the viral, awkward encounter between...
No description available...
3h ago from Motorsport.com
MotoGP’s own ‘Concorde Agreement’ is now official
No description available...
13m ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar to reduce hybrid power limits for remainder of...
For the remainder of the 2026 season, IndyCar will reduce the hybrid...
19h ago from MotorsportWeek.c...
Scott McLaughlin targets Road America breakthrough...
No description available...
17h ago from Motorsport.com
The blueprint of grit: How James Roe is grinding...
No description available...
1d ago from Motorsport.com
2024 IndyCar Rookie of the Year to serve as Honda...
Honda Racing Corporation US has announced that Linus Lundqvist has been...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA president sets timeline to announce new WRC...
No description available...
20h ago from Motorsport.com
Kalle Rovanpera ready to resume motorsport career...
No description available...
3d ago from Motorsport.com
Revised gravel tyre set for WRC debut in Greece
No description available...
3d ago from Motorsport.com
Sebastien Loeb to make traditional stage rallying...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Deal close: Wonderkid one step away from Arsenal move...
Arsenal are reportedly one step away from signing Leicester City wonderkid...
23m ago from CaughtOffside.com
Premier League Fixtures 2026/27: Liverpool's tricky...
The 2026/27 Premier League campaign is scheduled to kick off on Saturday,...
1h ago from CaughtOffside.com
Premier League 2026/27 fixtures release day LIVE!
No description available...
2h ago from SkySports.com
Arsenal kick off 2026/27 Premier League season vs...
Defending champions Arsenal will kick off the 2026/27 Premier League...
1h ago from SkySports.com
Comments
Hottest News
Audi snapped testing F1 car as new ADUO engine set for...
Audi F1 team have taken to the track at their... Read More »
52m ago from GPFans.com
Red Bull wants to buy out Verstappen exit clause –...
Jun.19 Red Bull is reportedly trying to remove... Read More »
53m ago from OneStopStrategy.com
Hamilton wants Ferrari cockpit painted red
Jun.19 Lewis Hamilton has revealed that one... Read More »
53m ago from OneStopStrategy.com
