News Details

Lotus F1 secures Saxo Bank, 2014 budget

Lotus F1 revealed last week that the team was 100 million in debt but today’s news may help toward alleviating some of that pressure as Saxo Bank has joined as a new sponsor. According to team boss Eric Boullier, the team has now secured enough cash for a budget in 2014 and should have the resources to make it another year telling AUTOSPORT: “The team is in good shape now definitely with some guarantees over the operational finance needs,” he said. “I think now at least for 2014 and a little bit beyond, the team now can stabilize. We can bring a little bit of quietness, so not being as intense but still performing.” It’s surely a challenge to be running on a year-to-year basis...
Full Story »
1y ago from 0

You May Also Be Interested In...

Lotus sign new sponsor Saxo Bank for 2014

Lotus have announced a new sponsor for the 2014 season in the form of...
1y ago from

Lotus brokers Saxo Bank deal for 2014

Lotus brokers Saxo Bank deal for 2014 20 January, 2014 Leading online...
1y ago from

Lotus pens sponsorship deal with Saxo Bank

– Lotus has teamed up with Saxo Bank, a Danish investment firm,...
1y ago from

Saxo Bank becomes Lotus sponsor, Sørenson...

Danish investment bank Saxo Bank has become a new sponsor of Lotus F1...
1y ago from

Elsewhere On The Network

Popular On

Lorenzo sprains shoulder in training accident

Spanish media are reporting that Jorge Lorenzo’s 2015 MotoGP title...

Lorenzo suffers sprained shoulder ahead of Motegi race

Jorge Lorenzo has suffered a sprained right shoulder ahead of next...
5h ago from

Shoulder injury scare for Jorge Lorenzo

MotoGP title contender Jorge Lorenzo is reported to have suffered a...
5h ago from

Lorenzo injures shoulder ahead of Japan

– MotoGP title contender Jorge Lorenzo will head to this weekend's...
3h ago from

Popular On

INDYCAR: Miles confident about Boston

Mark Miles, the president and CEO of Hulman & Company who also runs...
1d ago from

INDYCAR: Boston GP hits back at critics

Organizers of the new IndyCar street race in Boston have hit back at...
2d ago from

INDYCAR: Honda busy testing aero kit components

Honda has yet to confirm its return to IndyCar in 2016, but that hasn't...
5d ago from

More one-of-a-kind items in Wilson Children's Fund...

The third wave of items items in the Wilson Children's Fun eBay auction...
1d ago from

Popular On

Gilbert lifts Junior crown with Corsica win

Gilbert won the demanding three-day asphalt event in Corsica by 1min...
4h ago from

Latvala completes French double

While last year’s success came in the country’s Alsace region,...
6h ago from

Home win for Maurin in WRC 2

Frenchman takes support category victory in Corsica
5h ago from

Evans 'The Team Deserves This Result'

M-Sport‘s Elfyn Evans has commended his team after securing the...

Popular On

Arsenal 3-0 Manchester United – 5 Talking Points

Arsenal wins their first game at Emirates since November 2009 against...
2h ago from

Wenger on victory, Alexis and Walcott

Arsène Wenger spoke to the media after his side's 3-0 victory over...
1h ago from

Theo Walcott: 'That victory was for Arsene Wenger'

Theo Walcott has attributed Arsenal's storming victory over Manchester...
3h ago from


comments powered by Disqus

Hottest News

Mansell: ‘I could match Hamilton's lap times'

Former Formula One world champion Nigel Mansell... Read More »
6h ago from

Hakkinen and Mansell urge Alonso to give McLaren time

Amid renewed reports that Fernando Alonso has... Read More »
3h ago from

Exclusive pictures of the Renault power unit

F1i technical expert Nicolas Carpentiers takes... Read More »
11h ago from

Recent News

2014 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.