News Details

Lotus thinks most F1 teams struggling

Gerard Lopez, the owner of the Lotus outfit, believes the vast majority of the teams in Formula One are struggling financially. Lotus' problems have had a high profile in 2013, as the Enstone based team thrived with a competitive car but tackled rumours it was struggling to pay its drivers, employees and suppliers. But the Russian website f1news.ru quoted Lopez as insisting: 'For 80 per cent of the teams, their financial situation is no better than ours. 'If half of those teams say they are leaving Formula One, it would lead to the collapse of the championship,' he claimed. Lopez said it is extraordinarily difficult for a team to raise money through investment or traditional sponsorship...
Full Story »
10y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Lotus boss believes most F1 teams struggling like Lotus

Lotus boss believes most F1 teams struggling like Lotus 23 December, 2013...
10y ago from GrandPrix247.com

Rosberg suffers tyre failure in Bahrain

Pirelli's three-day Bahrain tyre test came to an abrupt end for Mercedes...
10y ago from RichlandF1.com

Ferrari F138 was the most reliable car in 2013

Ferrari F138 was the most reliable car in 2013 19 December, 2013 Fernando...
10y ago from GrandPrix247.com

Todt hopes Ecclestone stays F1 boss for many years

Todt hopes Ecclestone stays F1 boss for many years 17 December, 2013...
10y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Ducati: Bastianini's COTA MotoGP podium an...

Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...
14h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Pourchaire to make IndyCar debut in Long Beach with...

Arrow McLaren has announced that the reigning Formula 2 champion Theo...
19h ago from MotorsportWeek.c...

IndyCar's new Aeroscreen makes early debut at Long...

The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...

Popular On TotalWRC.com

Sebastian Ogier tops Croatia Rally shakedown

Sébastien Ogier announced his return to FIA World Rally Championship...
13h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Chelsea, Newcastle United 'considering move for...

Chelsea and Newcastle United are allegedly contemplating a summer move for...
35m ago from SportsMole.co.uk

'Pressure is on, Mikel' – Collymore questions...

Mikel Arteta couldn't hide his disappointment after Arsenal were dumped...
25m ago from CaughtOffside.com

Manchester United & Arsenal would directly...

Julian Nagelsmann could make several changes in the Bayern Munich squad...
15m ago from CaughtOffside.com

Collymore’s column: Arteta might not be right for...

In his exclusive column for CaughtOffside, former Aston Villa and...
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.