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 »
2y ago from Formula1Blog.com 0
Share

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...
2y ago from TheF1Times.com

Lotus brokers Saxo Bank deal for 2014

Lotus brokers Saxo Bank deal for 2014 20 January, 2014 Leading online...
2y ago from GrandPrix247.com

Lotus pens sponsorship deal with Saxo Bank

– Lotus has teamed up with Saxo Bank, a Danish investment firm,...
2y ago from GPUpdate.net

Saxo Bank becomes Lotus sponsor, Sørenson...

Danish investment bank Saxo Bank has become a new sponsor of Lotus F1...
2y ago from RichlandF1.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP: Roberts family feud ends up in court

Three-time 500 Grand Prix champion Kenny Roberts and son Kurtis Roberts...
10h ago from MotorcycleNews.c...

MotoGP: Rossi looking forward to track with ‘nice...

Valentino Rossi says he’s looking forward to returning to a track with...

Dovizioso still in some pain after test crash

– Andrea Dovizioso admits he is still in "some pain"...
8h ago from GPUpdate.net

Marquez ready for unpredictable Silverstone

MotoGP World Championship leader Marc Marquez believes that at Silverstone...
1d ago from SuperSport.com

Popular On IndyCarToday.com

INDYCAR: Hinchcliffe, SPM penalized for domed skid...

IndyCar announced Wednesday that it had fined Schmidt Peterson...
2h ago from Racer.com

INDYCAR: 'We're still in the game,' Kanaan says

Tony Kanaan admits that he's going to need a "little bit of...
2h ago from Racer.com

INDYCAR: Rossi considers Andretti-Herta extension

Indy 500 winner Alexander Rossi appears to have multiple options for 2017...
5h ago from Racer.com

Graham Rahal prevails in epic Texas IndyCar finish

Graham Rahal staged a remarkable last lap pass to claim victory in the...
1h ago from SpeedCafe.com

Popular On TotalWRC.com

wrc.com interview: Jost Capito, Part 1

Advertising Sven Smeets, the man who will take over at Volkswagen from 1...
8h ago from WRC.com

TOP 5 HIGHLIGHTS ADAC RALLYE DEUTSCHLAND

TOP 5 HIGHLIGHTS ADAC RALLYE DEUTSCHLAND
12h ago from WRC.com

Solberg will contest French World RX round after...

Reigning World Rallycross champion Petter Solberg, who was involved in a...
1d ago from Motorsport.com

Smeets named new VW Motorsport boss

Belgian gets top job following Capito's departure
1d ago from WRC.com

Popular On GunnersToday.com

Colchester sign Fosu and Kamara

Colchester United sign Arsenal midfielder Glen Kamara and Reading winger...
4h ago from BBC.co.uk

[Video] Jack Wilshere – I'll Be Back Home

Jack Wilshere has officially made the move to AFC Bournemouth albeit on a...
2h ago from AllArsenal.com

34-cap international undergoing medical ahead of...

According to Sky Sports News, Arsenal midfielder Jack Wilshere is...

Kelechi Nwakali joins MVV Maastricht

Nigerian youngster Kelechi Nwakali has joined Dutch side MVV Maastricht on...
5h ago from News.ArseBlog.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.