10 Updates

Boullier: Lotus can win again this year

Source: crash.net, Nov 10 2012, 5:52am CST

Lotus team boss Eric Boullier is confident his team can win again this season following Kimi Raikkonen's success in Abu Dhabi. Raikkonen gave the Enstone-based outfit its first victory since Japan 2008 last Sunday and while there are o ...

Continue reading on: crash.net

 
 
Update
10

49 minutes ago

Abu Dhabi group buys share of Lotus F1

Source: Gulfnews  |   Jun 19 2013, 5:50am CDT

London: The Lotus Formula One team announced on Tuesday that a consortium of private investors, including an American hedge fund manager and an Abu Dhabi-based multinational business group, had acquired a 35 per cent stake. ...

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Update
9

2 hours ago

Lotus investors talked with three other F1 teams

Source: ESPN  |   Jun 19 2013, 4:29am CDT

Infinity Racing has acquired a 35% stake in the Lotus F1 team © Sutton Images Infinity Racing, the investment group which acquired a stake in Lotus earlier this week, was in talks with three other F1 teams before deciding to buy into Lotus. Infini ...

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Latest Business News

 
Update
8

2 hours ago

Infinity Racing aquires stake in Lotus

Source: PlanetF1  |   Jun 19 2013, 3:58am CDT

Lotus has a new investor in Infinity Racing, who have acquired a 35 per cent stake in the team. Lotus owner Genii Capital have been engaged in a long-running effort to find suitable partners, and that sea ...

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Update
7

5 hours ago

Red Bull move for Raikkonen 'very likely' - source

Source: Motorsport Magazine  |   Jun 19 2013, 1:06am CDT

Jun.19 (GMM) The F1 driver market is waiting for Kimi Raikkonen's next move, according to Oskari Saari, a commentator for Finnish television MTV3. "Red Bull's Helmut Marko said in Canada that driver decisions will be made in August, during the ...

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Update
6

5 hours ago

New co-owner for Lotus team

Source: Motorsport Magazine  |   Jun 19 2013, 1:05am CDT

Jun.19 (GMM) Genii has sold 35 per cent of its Enstone based formula one team Lotus to an investment consortium. According to a press release, Infinity Racing is comprised of private investors including an American hedge fund m ...

Continue reading on: Motorsport Magazine  More like this

 
Update
5

12 hours ago

Genii Capital sell 35 per cent stake in Lotus | F1 Fanatic round-up

Source: F1 Fanatic  |   Jun 18 2013, 6:16pm CDT

In the round-up: Lotus F1 owners Genii Capital have sold a 35 per cent stake in the team to a new investment group, Infinity Racing. Your daily digest of F1 news, views, features and more. Eric Lux: “In Infinity Rac ...

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Update
4

13 hours ago

Lotus boosted by new investor

Source: Fox Sports Australia  |   Jun 18 2013, 4:44pm CDT

The Enstone-based outfit will remain under the control of Gerard Lopez's Genii Capital group, which originally bought a majority share in the then Renault team in late 2009 before taking over outright ownership the following year, but the ...

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Update
3

14 hours ago

New partner for Lotus: Infinity Racing purchases 35 percent of F1 team

Source: Motorsport Magazine  |   Jun 18 2013, 4:06pm CDT

Lotus F1 Team has new part-owners as of today, with Infinity Racing Partners Limited (Infinity Racing) acquiring a 35% minority stake in the team. Infinity Racing joins Genii Capital, who retain a controlling stake in the team, with Gerard L ...

Continue reading on: Motorsport Magazine  More like this

 
Update
2

15 hours ago

F1: Fox News Pundit Behind New Lotus Shareholder

Source: SPEED.com: FORMULA-ONE  |   Jun 18 2013, 3:06pm CDT

A FOX News analyst is involved in Lotus' new partnership...Money from the United States, Abu Dhabi and Brunei is backing Infinity Racing Partners, the consortium which has acquired 35 percent of the Lotu ...

Continue reading on: SPEED.com: FORMULA-ONE  More like this

 
Update
1

16 hours ago

Aston Martin Unveils Crowd-Sourced Gulf Racing Livery

Source: Winding Road  |   Jun 18 2013, 2:29pm CDT

It used to be that racecars were painted based on the their team’s home country. Over time, teams figured out that plastering brand names of companies on the sides of their cars and charging money for the privilege was a good way of funding ra ...

Continue reading on: Winding Road  More like this

 
 

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