News Details
Ecclestone bails out cash strapped Lotus
The Lotus Formula 1 team is travelling to Monza for this weekend’s Italian Grand Prix following a financial rescue from F1 commercial boss Bernie Ecclestone. Lotus's financial struggles have made headlines on a number of occasions in recent months as it continues to negotiate a buy-out from Renault. The French car maker is reportedly poised to take a 65 percent stake in the team as soon as this week. Lotus’ finances are meanwhile in lockdown as the talks progress, which has prompted Ecclestone to step in and pay the team’s staff to ensure the squad makes the grid at Spa and Monza. Ecclestone confirmed the move to The Times newspaper, which claims the long-time F1 boss has handed...
Full Story »
Full Story »
10y ago from SpeedCafe.com
0
You May Also Be Interested In...
Ecclestone: I covered Lotus wages to make sure they...
Formula 1 boss Bernie Ecclestone reportedly paid the wages of embattled...
10y ago from GrandPrix247.com
Ecclestone paid Lotus F1 staff wages
Ecclestone paid Lotus F1 staff wages Posted On 01 Sep 2015 By : thisisf1...
10y ago from ThisIsF1.com
Lotus cars leave Spa
The cars of the cash-strapped Lotus outfit have been allowed to leave the...
10y ago from SkySports.com
Spa promoter says Ecclestone milk stunt ended protest...
Spa promoter says Ecclestone milk stunt ended protest threat Posted On 27...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Nicolo Bulega is not Ducati's "first choice"...
No description available...
19h ago from Motorsport.com
How Ai Ogura is starting to fulfil his MotoGP potential
No description available...
22h ago from Motorsport.com
Ducati carries out 850cc MotoGP bike shakedown at...
No description available...
1d ago from Motorsport.com
Pedro Acosta fears intense MotoGP format means shorter...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Roger Penske adds voice to discussion on US sports...
Roger Penske, owner of the NTT IndyCar Series and the Indianapolis Motor...
13h ago from MotorsportWeek.c...
Christian Lundgaard: Bye week a chance to “unite”...
No description available...
10h ago from Motorsport.com
Tweaked single-car Fast Six qualifying set for...
No description available...
1d ago from Motorsport.com
OpenAI expands partnership with Chip Ganassi Racing to...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Why WRC Croatia victory was “quite special” for...
No description available...
1d ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
2d ago from MotorsportWeek.c...
WRC Croatia: Driver crashes… then sits down for...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'They didn't have an answer' - Thierry Henry explains...
Arsenal legend Thierry Henry reckons Sporting CP could get the better of...
1h ago from SportsKeeda.com
‘No fear. Pure fire’: Mikel Arteta rallies wounded...
ager calls on players and fans to embrace the chance of Champions League...
2h ago from TheGuardian.com
Sources: Arsenal willing to sell Jesus and Havertz to...
Arsenal are intensifying their efforts to secure the signing of Julián...
3h ago from CaughtOffside.com
We have a big game on Wednesday, not just Sunday
Morning. This feels like such a strange week because at the forefront of...
2h ago from Arseblog.com
Comments
Hottest News
FIA clamps down on ‘dangerous' energy trick
Apr.15 The FIA has moved quickly to ban a... Read More »
1h ago from OneStopStrategy.com
Why the FIA banned latest Mercedes and Red Bull F1...
Technical analyst Paolo Filisetti takes a look at... Read More »
52m ago from RacingNews365.com
Charles Leclerc 'could be tempted' by sensational move to...
Charles Leclerc is green, white and rosso corsa... Read More »
2h ago from GPFans.com
