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Quantum running out of time for Lotus deal - Lopez

Quantum, the investment group looking to buy 35 per cent of Lotus, has denied once again that the deal is collapsing. There is no doubt, however, that team owner Gerard Lopez's patience is running out. "They have very little time," he told Germany's Auto Motor und Sport. "Either they fulfil their contractual obligations, or we must draw our conclusions," added Lopez. The Quantum group is led by Mansour Ijaz, who after playing down speculation in Abu Dhabi recently, has now travelled to Austin with the same message. "There is no question that the deal is going to work out," he insisted on Saturday. Ijaz said the hefty flow of cash has been held up by red tape,...
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10y ago from GrandPrix.com 0
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