Tag Archive: Gerard Lopez

Nov 24

Mallya slams Red Bull as F1 ‘cheats’

Rival F1 team Force India has blasted outgoing world champions Red Bull as the “cheats” of the sport.

2014-03-17 - Sahara Force India F1 Team - Australia - Dr Vijay Mallya 02 “Red Bull gives you flexible wings,” team supremo and co-owner Vijay Mallya said on Twitter on Sunday. The former Indian billionaire’s attack on the energy drink-owned team follows not just the latest flexible wing saga, but also team boss Christian Horner supposedly enraging his counterparts in a recent meeting. Read the rest of this entry »

Nov 23

Ecclestone ready to ‘tear up’ income contracts

“Personally, I would tear up all of the contracts and discuss the redistribution of money.  No problem,”

2012-06-07_0277 Bernie Ecclestone on Saturday said he is prepared to “tear up” contracts and start again, as the sport’s civil war appeared to ease slightly in Abu Dhabi. Read the rest of this entry »

Nov 22

Angry teams happier after Mackenzie meeting

F1’s three angry teams seemed slightly less angry on Saturday after a meeting with Donald Mackenzie.

2014-03-30 - Sahara Force India F1 Team - Malaysia -Sergio Perez - Teams The usually paddock-shy CVC chief made the trip to Abu Dhabi to meet with Bernie Ecclestone and Lotus, Sauber and Force India, with the three teams crying foul over how the power and income is distributed within formula one. Read the rest of this entry »

Nov 22

F1 civil war rages on in Abu Dhabi

The civil war in formula one continues to rage.

2012-11-03 - Mercedes AMG Petronas F1 Team - Abu Dhabi - Yas Marina Circuit 03 Earlier, the governing FIA summoned Bob Fernley (Force India), Gerard Lopez (Lotus) and Monisha Kaltenborn (Sauber) to mandatorily attend Friday’s official press conference in Abu Dhabi. Read the rest of this entry »

Nov 20

Romain Grosjean confirmed for 2015

Romain will continue to partner Pastor Maldonado, who was confirmed for 2015 earlier this year.

04 - Lotus F1 TeamLotus F1 Team is pleased to announce that Romain Grosjean will continue to drive for the team in 2015 as it embarks on its first season with Mercedes-Benz power. Read the rest of this entry »

Nov 14

Caterham could overcome missed crowdfunding target

Friday’s deadline looks set to come and go without Caterham raising the $3.7 million it needs through crowdfunding

11 - Caterham F1 Team The team, in administration and fighting to keep its official entry alive by making the Abu Dhabi grid, has raised only just over $2 million within hours of its self-imposed deadline expiring. Read the rest of this entry »

Nov 09

Mercedes rivals warn ‘freeze’ could end completely

“Nothing was agreed on anything”

2014-10-29 - Mercedes AMG Petronas Formula One Team (2)With progress also having stalled over the small teams’ touted ‘fighting fund’, Toto Wolff emerged from a big team bosses meeting at Interlagos on Saturday with little news. Read the rest of this entry »

Nov 09

Future still clouded for three small teams

But a meeting at Interlagos late on Saturday broke with no solution in place.

2014-03-16 - Caterham F1 Team - Australia - Marcus Ericsson 03 teams A week after the boycott threats of Austin, struggling teams Lotus, Force India and Sauber travelled to Brazil apparently close to a ‘fighting fund’ bailout that would secure their future. Read the rest of this entry »

Nov 07

Alonso admits cycling plans delayed for now

Fernando Alonso admitted on Thursday that his plans to launch a professional cycling team in 2015 have been delayed.

IMG_4042 “It was my intention to start in 2015,” reports including the Dutch newspaper De Telegraaf quote him as saying in Brazil, “but due to various circumstances it is not happening at the moment.” Read the rest of this entry »

Nov 06

Caterham preparing for Abu Dhabi return

Caterham is preparing to return to formula one for F1’s 2014 finale in Abu Dhabi next month.

2014-06-08_0925 As it was put into administration following founder Tony Fernandes’ ill-fated sale to Colin Kolles-managed investors, the team as well as backmarker Marussia sat out Austin and will again be absent in rainy Brazil this weekend. Read the rest of this entry »

Nov 05

Caterham and ‘Manor’ on 2015 entry list

Caterham and Marussia have both entered the 2015 world championship.

2014-03-16 - Caterham F1 Team - Australia - Marcus Ericsson 02 teamsThe backmarkers, in administration amid financial problems, sat out the US grand prix and will again be absent in Brazil, where the F1 world began on arrive early on Wednesday amid heavy rain. Read the rest of this entry »

Nov 04

‘Base payment’ could resolve boycott threat – Lopez

F1 authorities are scrambling this week to put down a lingering boycott threat ahead of the Brazilian grand prix.

2014-05-04 - Lotus F1 Team - Gerard Lopez As the sport’s air freight touches down in Sao Paulo, the Brazilian news agency Estado reports that organisers of the Interlagos race are dismissing claims of a boycott threat, insisting that 18 cars – every team with the exception of insolvent Caterham and Marussia – will line up on the grid. Read the rest of this entry »

Nov 03

Wolff moves to end boycott threat with ‘a few per cent’

F1 may have moved a small step towards ending the boycott threat.

2014-10-11 - Mercedes AMG Petronas Formula One Team - Russia - Sochi - Toto Wolff Although Bernie Ecclestone’s rare ‘mea culpa’ averted the threat in Austin when he admitted his income distribution system was broken, small teams Lotus, Force India and Sauber are still unhappy as they trek this week to Brazil. Read the rest of this entry »

Nov 03

Santander to stay even if Alonso leaves – report

The Spanish multinational Santander is staying at Ferrari even if the closely-aligned Fernando Alonso jumps ship.

2014-06-05_0035That is the claim of the Spanish sports daily Marca, reporting that the banking group has pledged to fulfil its 2017 contract with Ferrari independent of Alonso’s next move.

Read the rest of this entry »

Nov 03

Boycott threat still lingering for Brazil GP

Two hours before Sunday’s US grand prix, the risk that only 12 cars would race still existed.

2010-11-06 - F1- Interlagos - Sao Paulo - Brazil As promised, Bernie Ecclestone negotiated an eleventh hour solution, and the boycott threat posed by angry privateers Lotus, Sauber and Force India was put down. Read the rest of this entry »

Nov 02

Alonso return would be ‘no surprise’ – Lopez

Fernando Alonso’s future continues to be clouded in mystery.

IMG_5961 What does seem certain is that his five-year relationship with Ferrari is set to end, with the only thing blocking his official departure and the arrival of Sebastian Vettel being a Mexican standoff-style contractual impasse. Read the rest of this entry »

Nov 01

Boycott threat emerges as next teams face collapse

Battle lines are being drawn as F1 reacts to the ‘crisis’ of collapsing teams.

2014-07-20 - 99005 - Red Bull Racing - Daniel Ricciardo But Red Bull’s Dr Helmut Marko declared unequivocally ahead of the US grand prix: “We are ready.” He was referring to the concept of three-car teams, as he admitted to Germany’s Auto Motor und Sport that it might cost the sport’s big players up to $30 million each. Read the rest of this entry »

Oct 23

Grosjean hints at Lotus stay for 2015

Romain Grosjean appears set to remain at Lotus in 2015.

2014-05-09 - Lotus F1 Team - Spain - Romain Grosjean 00 Although the French driver has been leaving his future open while Fernando Alonso’s move remains unclear, Lotus owner Gerard Lopez has now suggested Enstone is likely to field an identical driver lineup next season. Read the rest of this entry »

Oct 15

Engine switch to bring half-second boost – Maldonado

Pastor Maldonado has admitted he is looking forward to Lotus’ switch from Renault to Mercedes power for 2015.

IMG_3927 The Venezuelan has said consistently this year he does not regret moving last winter from Williams to the Enstone-based team. But almost a full season on, while Williams made an impressive leap from the rear of the midfield to the upper grid hatchings in 2014, Lotus’ reverse in fortunes has been just as dramatic. Read the rest of this entry »

Oct 14

Esteban Ocon to test for Lotus F1 Team

Eyes on the prize

2014-10-14 - Lotus F1 Team - Esteban OconLotus F1 Team Junior driver Esteban Ocon will test a two-year old Lotus F1 Team E20 as part of his ongoing development programme and as a reward for winning the FIA Formula 3 Championship in his rookie season. Read the rest of this entry »

Sep 25

Lotus’ Lopez, Briatore play down wild Alonso rumours

Lawrence Stroll is interested in buying Lotus

2014-06-08_0574 Lotus team owner Gerard Lopez, and the Fernando Alonso-connected Flavio Briatore, have played down the latest explosive F1 rumours. Read the rest of this entry »

Sep 10

Future ‘good’ after long Dennis talks – Button

The signs are growing stronger that Jenson Button will secure at least one more year at McLaren.

2014-05-09 - McLaren Mercedes - Spain - Jenson Button 02 The British team’s quest for a star champion like Fernando Alonso, Lewis Hamilton or Fernando Alonso to spearhead the new Honda era beginning in 2015 has been an open paddock secret. Read the rest of this entry »

Aug 18

Lopez hits back at Genii financial reports

Gerard Lopez has lashed back at reports suggesting Lotus team owner Genii is in dire financial health.

2014-05-04 - Lotus F1 Team - Gerard Lopez The Luxembourg newspaper Tageblatt reported recently that Genii, headed by Lopez and his business partner Eric Lux, is recording ever-growing losses and debts.
Read the rest of this entry »

Aug 01

Lotus owner’s losses, debts continue to worsen – report

Alarming news about the financial health of Lotus team owner Gerard Lopez has emerged.

2014-05-04 - Lotus F1 Team - Gerard Lopez Together with Eric Lux, fellow Luxembourger Lopez heads the investment company Genii Capital, which owns the Enstone based team. Read the rest of this entry »

Jul 20

Maldonado stays, Grosjean admits future ‘open’

As Lotus firms up its plans for 2015, Romain Grosjean’s future is looking clouded.

IMG_3927 It was already known that, when Pastor Maldonado and his lucrative backer PDVSA switched from Williams to Lotus for the 2014 season, it was the beginning of more than a single-year deal. Read the rest of this entry »

Jul 05

Ecclestone admits F1 buy-back possible

Bernie Ecclestone has admitted he might buy back formula one.

2012-11-15_0008 The Silverstone weekend kicked off amid rumours major shareholder CVC could be considering selling its stake. Read the rest of this entry »

Jul 04

Lopez witnessed abduction of female friend

Lotus team owner Gerard Lopez was in the middle of a kidnapping incident, according to reports in the French press.

Gérard Lopez - photo © Dppi - E. Vargiolu Le Quotidien claims Lopez was returning from a business trip to Venezuela when he visited his 38-year-old friend Stephanie Turci in France. Read the rest of this entry »

Jul 03

F1 teams also battling to buy into sport

“Lawrence Stroll, of Tommy Hilfiger, who apparently has Ferrari on board

2014-06-08_0747Formula one teams may not just be competing for trophies and sponsors, according to a report by Germany’s Auto Motor und Sport.

Read the rest of this entry »

Jul 01

Lotus in ‘contact’ with Mercedes for 2015 power

Lotus could be set to move on from its disastrous 2014 season.

IMG_6200 Fourth in the constructors’ championship not only last year but also in 2012, the Enstone-based team has struggled with the newly V6-powered E22. Read the rest of this entry »

May 23

Grosjean not ruling out Lotus exit

Romain Grosjean has not ruled out leaving Lotus at the end of 2014.

2014-03-17 - Lotus F1 Team - Australia - Romain Grosjean - Australia - Romain Grosjean (4) Earlier this week, while backing the troubled Pastor Maldonado, team owner Gerard Lopez said Frenchman Grosjean had emerged from a similar slump to be among the most coveted drivers on the grid. Read the rest of this entry »

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