News Details

Lopez: Quantum money 'never arrived' at Lotus

Lotus F1 Team owner Gerard Lopez has spoken out about the team's financial uncertainty following many months of reports and speculation regarding the future of the Enstone-based outfit, revealing that the deal with Quantum Motorsport was cancelled as the money 'never arrived'. Quantum, a consortium headed up by Mansoor Ijaz, was poised to ease the team's financial uncertainty with a sizeable investment that promised to pay the money owed to Kimi Raikkonen and secure the services of Nico Hulkenberg for 2014. Ijaz appeared in Austin and said that the deal was poised to be completed, but the team confirmed at the end of the year that Pastor Maldonado had been signed for 2014, along with his...
Full Story »
2y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Lotus won't travel to Jerez at all, not even with E21

Lotus won't travel to Jerez at all, not even with E21 8 January, 2014...
2y ago from GrandPrix247.com

Kvyat says Toro Rosso to test at Jerez

Red Bull/Getty Images Toro Rosso will be among the teams at the Jerez...
2y ago from F1Zone.net

Kvyat says new Toro Rosso will be ready to test at...

Kvyat says new Toro Rosso will be ready to test at Jerez 10 January, 2014...
2y ago from GrandPrix247.com

Lotus not alone in missing first test says Boullier

Eric Boullier © Lotus F1 Team Team boss Eric Boullier on Thursday...
2y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Analysis: How Mugello proved to Vinales Yamaha was the...

Yamaha-bound rider Maverick Vinales is certain he's made the right choice...
21h ago from Motorsport.com

Mugello Expert Opinion: Casey Stoner

Without doubt Andrea Iannone and the Desmosedici GP had the pace to run...

Analysis: Why struggling Honda had to redesign its...

While Honda admits the deficiencies of its new MotoGP engine, the Japanese...
2d ago from Motorsport.com

Video: Part two of ‘Valentino Rossi: The Doctor...

The second episode in the ‘Valentino Rossi: The Doctor Series’...

Popular On IndyCarToday.com

Pippa Mann crashes on Carb Day

Dale Coyne Racing driver Pippa Mann crashed at Turn 4 45 minutes into the...
19h ago from Motorsport.com

Franchitti on Chilton crash: "He doesn't know...

Chip Ganassi Racing team advisor Dario Franchitti isn't placing blame on...
2d ago from Motorsport.com

Tony Kanaan leads the way in final Indy 500 practice

Chip Ganassi driver Tony Kanaan set the pace in final practice for this...
16h ago from GrandPrixTimes.c...

INDY DIARIES: 'Heeeeeee's on it!'

Over 99 runnings, the Indianapolis 500 has become the most famous event...
21h ago from Racer.com

Popular On TotalWRC.com

Merzouga, Stage 5: Benavides wins as Rodrigues ends...

Honda's Kevin Benavides took win in the 2016 edition of Merzouga Rally at...
21h ago from Motorsport.com

The WRC gallery: Round 5: Portugal

Advertising Here is a selection of some of our favourite photographs,...
23h ago from WRC.com

Camilli buoyed by Portugal result

M-Sport driver reflects on fifth place finish
20h ago from WRC.com

Neuville: 'These things can happen'

Philosophical approach to Portugal exit
1d ago from WRC.com

Popular On GunnersToday.com

5 things we learnt from England's 2-1 win over...

England weren't at their best against Australia, and they failed to...
1h ago from CaughtOffside.com

The Premier League's most targeted victims revealed

EXPRESS SPORT brings you the list of most fouled players in the Premier...
5h ago from Express.co.uk

Jose Mourinho's win record against heavyweight Prem...

OSE MOURINHO is officially Manchester United's new boss and will be facing...
6h ago from DailyStar.co.uk

Comments

Hottest News

Vettel heads busy Monaco final practice

  Sebastian Vettel and Ferrari came out on... Read More »
1h ago from F1Hub.net

FP3 Results – 2016 Monaco GP

Monaco Grand Prix – Here are the complete... Read More »
1h ago from FormulaSpy.com

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.