News Details
New investment just a matter of time - Lotus
Lotus is sure it will still secure investment from Quantum Motorsports even though the process is dragging on. The team has been attempting to finalise the deal for over four months after an initial announcement was made in June that 35% of Lotus had been sold to the group, then called Infinity Racing. The investment is crucial for the future of the team as majority owners Genii Capital, led by Gerard Lopez, look to share the cost of competing in Formula One and get a return on their investment. Without the investment finalised, the team's preparations for 2014 are in limbo as it assesses which driver to pick to replace the outgoing Kimi Raikkonen. However, Lopez says the deal will go...
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12y ago from espnF1.com
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