News Details

Lotus has not paid Renault

Lotus is understood to have fallen behind in its payments to engine manufacturer Renault, as Jean-Michel Jalinier, head of Renault Sport F1, revealed in Spain that slow payments had a direct impact on engine development. Speaking during today's FIA press conference Franz Tost and Cyril Abiteboul confirmed that Toro Rosso and Caterham respectively are up to date with their payments. It is understood Red Bull is also up to date with its account while a Lotus spokesman would not comment on commercial arrangements.As the odd one out there is seemingly only one conclusion which can be drawn from Lotus' chosen position. Indeed it is understood that Lotus has not paid for its engines at all thus...
Full Story »
1y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Renault waiting on payment from some customers

Renault Sport F1, which supplies power units to Red Bull, Toro Rosso,...
1y ago from TheF1Times.com

Renault: Some of the teams are late in payments and...

Renault V6 F1 turbo engine package The new V6 turbo hybrid power units are...
1y ago from GrandPrix247.com

Renault – Late payments from teams could...

Renault Sport has revealed that its recovery programme could be...
1y ago from RichlandF1.com

Renault: Late payments are unacceptable

Renault have warned late-paying teams that they are risking their own...
1y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Lorenzo: "It's normal that Yamaha prefers Rossi...

In an exclusive Motorsport.com interview, three-time MotoGP champion Jorge...
2h ago from Motorsport.com

MotoGP reveals Baz test crash data

– MotoGP has revealed the full telemetry data from Loris Baz's...
5h ago from GPUpdate.net

CoW secures Aviva backing, delays MotoGP until 2018

Silverstone is expected to host the next two British rounds of MotoGP...
8h ago from Crash.net

Rossi: ‘The bike is more beautiful without the...

Valentino Rossi has admitted that while he’s also not convinced about...

Popular On IndyCarToday.com

Helio Castroneves: “Trust me, Phoenix is going to be...

All four Team Penske drivers ended the Chevrolet test at Phoenix...
48m ago from Motorsport.com

Carpenter impressed with Phoenix challenge and...

Ed Carpenter says IndyCar’s return to Phoenix International Raceway will...
2h ago from Motorsport.com

Jack Harvey: IndyCar “more exciting than Formula 1...

Racing Steps Foundation graduate Jack Harvey is seeking to step up to the...

INDYCAR: Chevy drivers give Phoenix thumbs-up

Will Power hopes that this year's return to Phoenix will be a step toward...
12h ago from Racer.com

Popular On TotalWRC.com

Rally Sweden: News in Brief

Stories making the news ahead of this week’s WRC encounter
6h ago from WRC.com

Kubica confirmed to skip Rally Sweden

Robert Kubica has officially withdrawn from competing at Rally Sweden but...
5h ago from Crash.net

Swedish organisers cut stages

Rally Sweden organisers have axed eight of the event's 21 scheduled...
1d ago from SuperSport.com

Rally Sweden could be cancelled due to high...

The organisers of Rally Sweden have announced that the 2016 edition of the...
1d ago from Motorsport.com

Popular On GunnersToday.com

Chelsea plot move for Santos youngster Gabriel Barbosa?

Chelsea have reportedly expressed an interest in signing Santos's young...
1h ago from SportsMole.co.uk

Arsenal duo ready to leave this summer

Tomas Rosicky and Mikel Arteta are seriously considering retiring from...

Jamie Vardy insists ‘we’re just enjoying the...

Jamie Vardy says he is simply “enjoying the ride” and is not even...
1h ago from TheGuardian.com

Watford Ready To Offload Arsenal Target Odion Ighalo

It has been revealed that Watford are prepared to sell Odion Ighalo this...
58m ago from Nastytackle.com

Comments

Hottest News

Why 2016 will be down to aero development

Without doubt, Scuderia Ferrari have made massive... Read More »
2h ago from F1Hub.net

Magnussen set to split with lady manager

Renault's new recruit Kevin Magnussen and his... Read More »
5h ago from GrandPrix247.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.