F1 Madness

Lotus team principal Eric Boullier has said that decision on who will replace Kimi Raikkonen next year is on hold until the team has sorted out its financial situation. Raikkonen left Lotus to join Ferrari after he grew frustrated with the Lotus team not being able to give him assurances about their budget. Lotus team […]

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Lotus announced on Tuesday that they have sold a 35 percent stake in the team, to the investment group Infinity Racing Partners Limited. Until now, Genii Capital, the investment firm co-founded by Lotus F1’s chairman Gerard Lopez, has owned 100 percent of the Enstone based team. Genii Capital will still retain a controlling 65 percent […]

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