Tag Archive: Lotus

Nov 13

F1 ‘negativity’ to delay floatation plans again

The crisis of collapsing and complaining teams looks set to once again spoil plans for F1’s stock market floatation

The sport’s majority shareholder CVC wanted to float formula one in Singapore in 2012, but the plans were delayed amid market uncertainty and Bernie Ecclestone’s high profile legal troubles. Read the rest of this entry »

Nov 13

Grosjean jumps the gun on new Lotus deal

Romain Grosjean has followed Sebastian Vettel’s lead in jumping the gun on his 2015 plans

2014-06-07_0184 This week, it has already emerged that although Vettel’s switch from Red Bull to Ferrari is not yet official, the German told Italian broadcaster Sky in a television feature in Brazil that he is “a driver for Scuderia Ferrari”. Read the rest of this entry »

Nov 11

Force India financial rumours must ‘stop’ – Mallya

Vijay Mallya has played down the latest reports questioning the financial health of his F1 team Force India

2014-03-01_0016 - Sahara Force India F1 Team - Bahrain Dr Vijay Mallya 2 Newspaper reports in the last days have suggested the auditors of the Silverstone based team’s parent company doubt the viability of Force India as a “going concern” due to mounting debts. Read the rest of this entry »

Nov 10

Mercedes to quit if F1 revives V8 engines – Lauda

Mercedes has warned it will quit formula one if moves to revive the old V8 era are successful

02 - Mercedes AMG Petronas Formula One Team Amid the debate about costs driving small teams out of F1, and the separate argument about an engine development ‘unfreeze’, Bernie Ecclestone showed his hand by reiterating he is staunchly opposed to the new V6s. Read the rest of this entry »

Nov 10

Alonso plays down chance of Abu Dhabi announcement

Fernando Alonso has departed yet another F1 circuit at the tail end of the 2014 season giving little away about his next move

2014-09-04_0187 - Scuderia Ferrari - Italy - Fernando Alonso Reporters are hanging on the Spaniard’s every word for clues about his expected departure from Ferrari and lucrative move to McLaren-Honda for 2015. Read the rest of this entry »

Nov 10

Off-track civil war erupts in F1

On track in Brazil , a  thrilling and intense battle for the drivers’ world championship that will now go down to the wire continued to play out

But at Interlagos, the real drama was being fought furiously behind the scenes. With Marussia and Caterham already gone, the next independent teams are arguing loudly for help. 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 08

Ecclestone slams Caterham’s ‘begging bowl’

Bernie Ecclestone has joined those who are heavily critical of Caterham’s plea for fans’ money to get the struggling team back on track.

2012-11-15_0006 In administration and missing in Austin and Brazil, the outfit has launched a crowdfunding scheme to raise the almost $4 million it says it needs to make it to this year’s Abu Dhabi finale. Read the rest of this entry »

Nov 08

Alonso says ‘there is life after Ferrari’

Fernando Alonso remains the big player as the F1 driver ‘silly season’ reaches its climax for another year.

2014-09-04_0187 - Scuderia Ferrari - Italy - Fernando Alonso Further down the grid, the field of 2015 is now beginning to shape up.  Lotus is set to keep Romain Grosjean, and Jean-Eric Vergne is getting one more year at Toro Rosso. Read the rest of this entry »

Nov 08

Caterham asks fans to fund Abu Dhabi comeback

As Marussia reaches the end of the line, fellow absent backmarker Caterham wants F1 fans to fund its Abu Dhabi comeback later this month.

2014-03-02 - Caterham F1 Team - Bahrain - Marcus Ericsson 08 Using the Twitter hashtag ‘RefuelCaterhamF1′, the team – under administration and reportedly in debt to the tune of $25 million – has launched a controversial crowd-funding appeal to raise the almost $4 million it says it needs to race at the 2014 finale. Read the rest of this entry »

Nov 07

Lotus set to announce Grosjean for 2015

Lotus is set to announce that Romain Grosjean is staying with the Enstone team in 2015.

2014-06-07_0899 Just a week ago, the Frenchman was saying he had the power to step out of his contract and move to a bigger team. But a lot – albeit all apparently behind the scenes – has changed in the intervening days, including reports that Fernando Alonso is definitely heading to McLaren-Honda. Read the rest of this entry »

Nov 06

Lotus hoping for Grosjean announcement ‘soon’

Romain Grosjean is edging close to a deal to remain with Lotus for 2015.

2014-06-08_0849 Spain’s Marca reported this week that talks about a possible switch to McLaren-Honda, where the Frenchman may have been under consideration as an alternative to Fernando Alonso, have now ended. 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

Lotus stays on top with Vaxiviere

The Frenchman dominated both sessions of the day at the Motorland Aragón circuit

Lotus stays on top with Vaxiviere

After setting best time on Monday with Alexander Albon, the Lotus team was quickest for the second consecutive day of the Formula Renault 3.5 Series collective tests thanks to Matthieu Vaxiviere.

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 »

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