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Deal to secure Lotus 'imminent'

id="story_continues_1" itemprop="description"> The businessman behind the delayed investment deal that has led to financial problems at Lotus insists its conclusion is imminent. Mansoor Ijaz, the head of the Quantum Motorsports consortium, said a contract to buy 35% of Lotus was awaiting only approval from team owner Genii Capital. 'There is no question the deal is definitely happening. It has now been completed from our side,' Ijaz said. He said Lotus intended to sign Nico Hulkenberg to replace Kimi Raikkonen. “We're going to clear off the debt, and then we're going to bring very high quality sponsors which you'll see very soon” Mansoor Ijaz Head of...
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10y ago from BBC.co.uk 0
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