New financial problems for Lotus
The company that manages the team's drivers would have accumulated a debt of 26 million euros
di Chiara RainisApril 10, 2015
The indiscretion comes from the Luxembourg newspaper L'Essentiel.
La Gravity Sports, a management group linked to Genii Capital, owner of Lotus would have been placed under receivership following a request from the minority shareholders holding 33% of the team with the remaining part in the hands of Gérard Lopez and Eric Lux.
Apparently the accumulated debt would be around 26 million euros and on March 9th a restructuring and sale process of the company would have been started, a move which if confirmed could have a negative impact on the Enstone team which is constantly short of cash.
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