Kimi Raikkonen has admitted his decision to leave Lotus for Ferrari was swayed by non-payment of his salary. The Finnish driver looked to be enjoying his time at Lotus after a... read more »

Kimi Räikkönen says the reasons behind his impending Lotus departure are purely financial, revealing that he has not received his salary from the outfit. read more »

Kimi Raikkonen says that financial issues triggered his departure from Lotus. Raikkonen, 33, will leave the team at the end of the season and race for Ferrari next season.... read more »

Red Bull has Infiniti, Mercedes has Petronas, McLaren has Vodafone...the list goes on. Yet Lotus has yet to sign a title sponsor despite now being classed a 'top'... read more »

The British Racing Drivers’ Club (BRDC) has confirmed it has agreed a deal to lease the land around the Silverstone circuit to British developer MEPC. The 999-year... read more »

Lotus has announced a new two-year sponsorship deal with Emaar Properties on the eve of the 2013 F1 Italian Grand Prix, good news given recent rumours of financial strife at... read more »

A record 21-race calendar has been circulated amongst the teams in Italy on Thursday and includes a return to Mexico but no New Jersey Grand Prix. The draft schedule will... read more »

German financial company Deutsche Vermogensberatung (DVAG) has extended its sponsorship deal with Michael Schumacher in a deal worth £18m ($28m). read more »

Ferrari remain hopeful that they can continue their engine partnership with customer team Sauber next season when the sport switches to V6 engines. The Swiss outfit hit some... read more »

Renault could soon be returning to Formula 1 after Lotus owner Gerard Lopez admitted he is pushing for the French manufacturer to become more involved in the team. Whilst... read more »

Team owner Gerard Lopez on Saturday played down reports of financial strife at Lotus. Reportedly in debt to the tune of EUR 120 million, behind in payments to lead driver Kimi... read more »

Signs that Sauber might be recovering from its recent financial crisis were boosted by news that driver Nico Hlkenberg had finally received some of his salary from the Swiss... read more »

The Grand Prix of America, situated on the streets of New Jersey, won't be happening in 2014, Bernie Ecclestone has admitted to CNN. The race's future has been in... read more »

Sauber's financial woes might not be over just yet, with reports claiming that contracts with three Russian backers have yet to be finalised. read more »

Sauber's financial woes appear to be far from over with reports claiming their contracts with three Russian companies are yet to be finalised... read more »

McLaren are confident of a highly successful future with Honda according to team principal Martin Whitmarsh. The Japanese company announced its return to Formula 1 as an engine... read more »

Reports of a continuing financial crisis at Sauber are continuing to emerge. With the Swiss team’s Russian saviour deal still waiting to be finalised, Bild am Sonntag... read more »

Lotus team co-owner Gerard Lopez has hit back at claims the outfit is in financial crisis after reports suggested the team has debts of over £103 million... read more »

The owners of the Lotus F1 team, Genii Capital, have rubbished reports the team is in financial trouble and struggling to pay members of staff read more »

Chairman Gerard Lopez has slammed reports that Lotus is in financial trouble as "unfair" to those working for the team... read more »

Lotus Formula 1 team chairman Gerard Lopez has hit out at reports that his team is in financial trouble. read more »

Team boss Eric Boullier has urged Formula One to curb rising costs admits reports that Lotus are in financial trouble... read more »

Lotus have reportedly paid "all salaries" to staff amidst rumours of financial trouble at the F1 team... read more »

Lotus has responded to downcast rumours over its current financial state, the team informing GPUpdate.net on Tuesday afternoon that all salaries have been paid. read more »

Troubling signs of financial weakness are emerging from Lotus. The authoritative German website motorsport-total reports that, although in the hunt for the 2013 title, the... read more »