News Details

Quantum insists Lotus deal not dead

Despite quotes to the contrary from team owner Gerard Lopez, Quantum Motorsports maintains that it still has ambitions of taking a stake in the Lotus F1 operation.The will it-won't it saga has been ongoing since the middle of 2013, when Quantum – then known as Infinity Motorsport – first expressed an interest in buying a 35 per cent share of the Enstone-based team, but the non-arrival of funds eventually led to Lopez starting the New Year by declaring the deal dead.Quantum's head man, Mansoor Ijaz, always insisted that red tape involved in international banking law had led to the delays and, even as Lotus this week revealed a deal with Saxo Bank, claims that he still had hopes of...
Full Story »
1y ago from 0

You May Also Be Interested In...

Lotus: Should talks be successful with Quantum then it...

Lotus: Should talks be successful with Quantum then it will be a bonus 17...
1y ago from

Lopez says all is well but Quantum deal is dead while...

Lopez says all is well but Quantum deal is dead while Ijaz claims to be a...
1y ago from

Lotus resume talks with Quantum after new offer

Lotus co-owner Gerard Lopez recently confirmed that the Quantum deal was...
1y ago from

Quantum still plotting Lotus buy-in

Quantum Motorsports' plans to purchase a stake in the Lotus F1 team are...
1y ago from


comments powered by Disqus

Hottest News

Legendary designer Mauro Forghieri points finger at Alonso

A former Ferrari chief has pointed the finger at... Read More »
9h ago from

Sauber reveals new look C34

Sauber has unveiled its C34 as the team bids to... Read More »
6h 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.