News Details

Quantum promises Lotus money as doubts emerge

Lotus are keen to sign off on a deal with Nico Hulkenberg for the 2014 season but cannot do so until investment from Quantum Motorsport has landed in its account. It's understood that Lotus chairman and co-owner Gerard Lopez will cut ties with Quantum if the money doesn't arrive before the weekend, prompting investor Mansoor Ijaz to issue a promise that it will. "We're still very much going to join them," he said on Sunday. "We will not quit this week until we finish it and we will finish it this week." However, doubts are beginning to emerge as to whether the promised money will ever arrive, which would force Lotus to switch to plan 'B' and take on pay driver Pastor...
Full Story »
10y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Lopez admits to frustration with Quantum

Two weeks after Quantum Motorsport's Mansoor Ijaz claimed that the deal...
10y ago from Pitpass.com

Ijaz adamant Lotus deal will be concluded this week.

As doubts over Quantum Motorsport's purchase of 35% of Lotus continue,...
10y ago from Pitpass.com

Quantum boss adamant Lotus deal is on but Lopez warns...

Quantum boss adamant Lotus deal is on but Lopez warns time is running out...
10y ago from GrandPrix247.com

Lotus deal will happen, insists Quantum

Mansoor Ijaz, head of the Quantum Motorsports firm purchasing a 35 percent...
10y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Aldeguer signs two-year MotoGP deal with Ducati for...

Fermín Aldeguer will make the step up to MotoGP in 2025, having agreed a...
18h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Lundqvist: CGR resources are ‘everything I could...

Linus Lundqvist is one of three rookies contesting the entirety of the...
18h ago from MotorsportWeek.c...

Consistency a top priority for Ericsson at ‘up and...

As Marcus Ericsson enters his sixth year racing in the NTT IndyCar Series,...

Popular On TotalWRC.com

Kenjiro Shinozuka, 1948–2024

Kenjiro Shinozuka, the 1997 Paris–Dakar Rally victor and 2× World Rally...
13h ago from TheCheckeredFlag...

Popular On GunnersToday.com

Arsenal decide to let defender leave on free transfer...

Cedric Soares is reportedly preparing to leave Arsenal at the end of the...
51m ago from CaughtOffside.com

Arsenal include Newcastle United star on summer...

Arsenal will prioritise the signing of a new striker in the summer...
1h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.