Group Admins

  • Profile picture of Keith Collantine

Group Mods

  • Profile picture of damonsmedley
  • Profile picture of Bradley Downton

F1

Public Group active 5 hours, 59 minutes ago

F1 discussion

Unpaid Lotus staff strike at Spa?

This topic contains 2 replies, has 3 voices, and was last updated by Avatar of ajokay ajokay 1 year ago.

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #133476
    Avatar of Force Maikel
    Force Maikel
    Participant

    This source is sugesting there are rumors some of the Lotus staff will strike at Spa because they haven’t been paid yet. Boullier is denying it but we all know Lotus has a lot off debt.
    http://www.motorsport.com/f1/news/lotus-denies-unpaid-staff-warning-of-strike/

    Lotus denies unpaid staff warning of strike
    “There may be some delays, but it will be repaired within a few days.” – Eric Boullier

    Aug.9 (GMM) Lotus has played down reports the Enstone based team is struggling to survive financially amid crippling debts.

    It was already known that the team’s highest-paid member, lead driver Kimi Raikkonen, is waiting on his latest pay instalment.

    And reports in the German press said other unpaid staff at Enstone are threatening to lay down their tools, while spare parts are running low because suppliers are also waiting for invoices to be paid.

    35 per cent of the Genii-owned team was sold recently to a consortium called Infinity Racing, but it subsequently emerged that the deal is still not actually done.

    “There may be some delays,” team boss Eric Boullier admitted this week, “but it will be repaired within a few days.

    “The package that ensures the future of the company is completed slowly, but we’ll get there,” he told the Finnish broadcaster MTV3.

    Meanwhile, the Spanish sports newspaper Marca said Lotus has officially denied that team members have not been paid and are therefore threatening to strike.

    I have no idea how reliable this source is but if it is true Lotus is in for a ride…..

    #240190
    Avatar of AdrianMorse
    AdrianMorse
    Participant

    I find it very worrying that such stories are going around, not just for Lotus but also for Sauber (the “details of their Russian deal are still being implemented”). Here are two respectable teams that are struggling to survive financially, despite having moderate success in the past few seasons.

    Ecclestone and CVC have taken a lot of money out of the sport over the past few years, and I wonder what they will do if suddenly a number of teams cannot go on. In addition to Sauber and Lotus, it is not inconceivable that Mallya’s financial difficulties finally catch up with Force India, and that Marussia simply fails to attract enough sponsorship to survive. How are any of these teams going to afford the new engines?

    If we have only 7 teams on the grid next season, that could spell the end of F1. On the other hand, perhaps that is the wake-up call teams need to finally push through cost-cutting measures.

    #240191
    Avatar of ajokay
    ajokay
    Participant

    These ‘consortiums’ never seem to materialise. Remember the Magna one that was supposed to bail out Super Aguri, or Phoenix racing that planned to pick up the pieces of Prost & Arrows?

    These consortiums only ever appear at a time like this, and when they do… they actually don’t.

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.