News Details
Lotus linked driver management company in liquidation
There are reports of mounting financial trouble with Lotus' team owners, with reports emerging that Gravity Sport, the driver management arm of Lotus' team owner Genii, was placed in voluntary administration at the request of its minority shareholder. The minor shareholder has a 33% stake, with the rest held by Lotus team owners Gerard Lopez and Eric Lux. According to the reports, Gravity – handling the careers of Romain Grosjean and others – is 26 million in debt, even though Genii reportedly insists it remains able to continue operating. However, 'liquidators were appointed at an extraordinary general meeting on March 9 to restructure or sell the company'. But a spokesman...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Alonso will retire after McLaren stint
Two-time world champion Fernando Alonso says McLaren will be his final...
11y ago from Motorsport.com
Could a F1 budget cap be policed?
Will F1's financial woes ever end? Just how is it that a sport so...
11y ago from SkySports.com
Grosjean: We are not delighted to be giving up our...
As Romain Grosjean sat out Friday practice early in Shanghai, he said he...
11y ago from ThisIsF1.com
Vergne believes he has chance for 2016 F1 return
Former F1 driver Jean-Eric Vergne says he will try to return to the grand...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Best wildcard performances in the MotoGP era
No description available...
19h ago from Motorsport.com
Is Alex Marquez’s Jerez MotoGP breakthrough real or...
No description available...
1d ago from Motorsport.com
Should there be a tear-off rule following Marco...
No description available...
3d ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
11h ago from Motorsport.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
2d ago from MotorsportWeek.c...
Mick Schumacher shares injury update after breaking...
No description available...
4d ago from Motorsport.com
Zanardi: The man whose name is a synonym for “hero”
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai’s WRC season “really starts” at...
No description available...
18h ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
5d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
5d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta promises fired-up Arsenal will play...
t;li>Champions League semi-final delicately poised at 1-1‘We are so...
38m ago from TheGuardian.com
Bullish Arteta urges Arsenal to ‘make next step’...
irst Champions League final in 20 years is within touching distance, but a...
38m ago from TheGuardian.com
Arsenal’s statement win and Spurs climb out of the...
No description available...
38m ago from TheGuardian.com
“If Arsenal win that game, they’ve won the...
Jamie Carragher has tipped Arsenal to effectively wrap up the Premier...
1h ago from SportsKeeda.com
Comments
Hottest News
McLaren F1 boss on 'gap opening up' for Max Verstappen move
McLaren F1 boss Zak Brown has opened up on the... Read More »
48m ago from GPFans.com
What does Antonelli's improvement mean for Russell? F1 Q&A
BBC Sport F1 correspondent Andrew Benson answers... Read More »
48m ago from BBC.co.uk
Lewis Hamilton Ferrari switch sparks F1 team boss warning
McLaren CEO Zak Brown has used Lewis Hamilton's... Read More »
1h ago from GPFans.com
