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Quantum still plotting Lotus buy-in
Quantum Motorsports' plans to purchase a stake in the Lotus F1 team are continuing with Mansoor Ijaz hoping to have it resolved by mid-March. Last season, Quantum had intended to buy a 35 per cent stake in the Formula One team but due to banking complications and other reasons the deal never came off. This prompted team owner Gerard Lopez to recently state that the deal was over. However, Ijaz, the man behind the Quantum consortium, insists it could yet take place. He told Press Association Sport: "It is important to refresh memories - Quantum's investors delivered the US Treasury Bonds in early October in full satisfaction of all amounts due under our contracts. "The transfer...
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10y ago from PlanetF1.com
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