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 »
3y 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,...
3y 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...
3y ago from GrandPrix247.com

Renault – Late payments from teams could...

Renault Sport has revealed that its recovery programme could be...
3y ago from RichlandF1.com

Renault: Late payments are unacceptable

Renault have warned late-paying teams that they are risking their own...
3y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi and Vinales admit defeat and turn attentions to...

With the 2017 MotoGP title out of reach, Rossi and Vinales are now looking...
1d ago from BikeSportNews.com

MotoGP Motegi: Lorenzo threatens Zarco with Safety...

Lorenzo is concerned that Zarco's ‘aggressive' riding style is going...
1d ago from BikeSportNews.com

MotoGP Motegi: Dovizoso wins last-lap thriller

Dovizoso snatches MotoGP victory from Marquez on the last lap of a wet...
2d ago from BikeSportNews.com

Tech 3 hopes Nozane gets another chance

– Tech 3 chief Hervé Poncharal says he hopes the outfit can give...
12h ago from GPUpdate.net

Popular On IndyCarToday.com

McDonald joins ECR engineering team

Former Schmidt Peterson Motorsports race engineer Allen McDonald has...
1d ago from Racer.com

Hinchcliffe, Wickens pairing likely at SPM in 2018

Schmidt Peterson Motorsports could become IndyCar's Maple Leaf Mafia if...
3d ago from Racer.com

McLaren still undecided on 2018 Indy 500 run

McLaren executive director Zak Brown expects to see the company return...
4d ago from Racer.com

Montoya open to offers for Indy 500

A day after learning his boss, Roger Penske, would be open to letting him...
1w ago from Racer.com

Popular On TotalWRC.com

Wales Rally GB saved my life

Spectator thanks event medical teams for life-saving treatment in 2016
10h ago from WRC.com

Make some noise for Elfyn!

Make some noise for Elfyn! Fans backing home hero Elfyn Evans have been...
7h ago from WRC.com

Dayinsure Wales Rally GB 2017 PRE-EVENT TEST Videos...

PRE-EVENT TEST Videos Dayinsure Wales Rally GB 2017
1d ago from WRC.com

Podcast: Tidemand's WRC future

Rising star's manager is pushing for world rally car switch
1d ago from WRC.com

Popular On GunnersToday.com

Chambers - My debut memories

In this season’s matchday programme, we’re asking the squad how they...
2h ago from Arsenal.com

How the last ten English teams to play Real Madrid at...

How the last ten English teams to play Real Madrid at the Santiago...
4h ago from DailyStar.co.uk

Mertesacker not interested in Deeney’s...

Per Mertesacker has said he paid no attention to Troy Deeney's comment...
5h ago from SportsKeeda.com

Arsenal news: Gunners have been forgotten about and...

N Arsenal news: Arsene Wenger signing a contract made the Gunners an...
6h ago from Express.co.uk

Comments

Hottest News

'Ferrari under huge pressure'

Ferrari are under huge pressure to resolve their... Read More »
10h ago from SkySports.com

Unhappy with Alonso’s attitude, McLaren deal was our big...

Yusuke Hasegawa admits some of his colleagues at... Read More »
12h ago from ThisIsF1.com

Is Lewis Hamilton a good driving instructor?

I prattle on and on about Formula 1 and other... Read More »
1h ago from Formula1Blog.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.