The troubles continue for the poorly funded Lotus F1 team. The Enstone based team is believed to be close to a deal with french Renault, which for reasons unclear are apparently dragging out on the affair. Meanwhile, one of Lotus' major sponsors, venezuelan oil company PDVSA, is holding back their money during the ongoing negotiations, money Lotus desperately need to pay off their mounting debts. The team is in fact already battling in court with a number of parts suppliers they owe money to, and former reserve driver Charles Pic, and their situation grow more severe by the day, with Lotus' trackside director of operations Alan Permane saying that "This is the worst season we've had financially, no doubt".
Now it has emerged that the court will prolong their process a little further to give Lotus one final break to gather it's defence and any funds it has left, as the court date, originally set yesterday, has been adjourned to monday the 28th september, the monday after the Japanese Gran Prix. Unless Renault makes a decision and seals a deal before that date, the fate of the Enstone team could be grim.
Lotus trial adjourned to monday after Japan's GP
- Published on 19 Sep 2015 11:08
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- By: Calle Nilsson
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