Showing posts with label Federico Gastaldi. Show all posts
Showing posts with label Federico Gastaldi. Show all posts

12 September 2015

Formula 1: Lotus To Survive Season Despite Financial Crisis - Federico Gastaldi.

Lotus will survive "this season and beyond" despite financial troubles, according to their deputy principal. British-based Lotus, who hope former owners Renault will retake control, have faced numerous legal obstacles.

Last Monday, an HM Revenue and Customs application to put the team into administration was adjourned to next Friday, 18 September,  when practice for the Singapore Grand Prix starts.

"Don't believe the negative rumours you hear," said Federico Gastaldi.