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Old 8 May 2013, 09:18 (Ref:3244243)   #1
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321Go should be qualifying in the top 10 on the grid
LotusF1 in trouble
Suggestions that Lotus Technical Director James Allison is to leave the team, with an announcement due in the next day or so. This is very (very) bad news for Lotus F1.

Also, Kimi Raikkonen likes working with Allison, and if true, this will no doubt hurt Lotus' chances of retaining Raikkonen for 2014.
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Old 8 May 2013, 09:41 (Ref:3244253)   #2
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As before, where are these rumours coming from? True or not, there must be some substantiating evidence.
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Old 8 May 2013, 09:53 (Ref:3244254)   #3
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As before, where are these rumours coming from? True or not, there must be some substantiating evidence.
Does this help Peter? (Joe Saward has mentioned it in his blog)
http://www.joeblogsf1.com/
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Old 8 May 2013, 10:22 (Ref:3244264)   #4
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News starting to spread about this now. Seems as though this rumour has substance.

Not happy. Money certainly talks. Lotus was on the up and up, but this will probably put a major dent in their ambitions.
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Old 8 May 2013, 10:48 (Ref:3244275)   #5
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Old 8 May 2013, 10:56 (Ref:3244279)   #6
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This just appeared on F1Times.co.uk

http://www.f1times.co.uk/news/display/07552
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Old 8 May 2013, 11:05 (Ref:3244282)   #7
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Flavio Galtieri should be qualifying in the top 5 on the gridFlavio Galtieri should be qualifying in the top 5 on the gridFlavio Galtieri should be qualifying in the top 5 on the grid
Perhaps both "Lotus in trouble" threads should be merged now?
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Old 8 May 2013, 11:07 (Ref:3244285)   #8
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Old 8 May 2013, 11:08 (Ref:3244286)   #9
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321Go should be qualifying in the top 10 on the grid
So where will Allison end up? Ferrari is the favourite. AMG is also rumoured to have been chasing his services for a while. But my bet is, McLaren. They need someone to fill the hole left by Paddy Lowe.
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Old 8 May 2013, 11:57 (Ref:3244302)   #10
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Perhaps both "Lotus in trouble" threads should be merged now?
Now we have links, but the other thread will remain closed, it came from a different perspective.
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Old 8 May 2013, 12:08 (Ref:3244308)   #11
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Both links don't say anything about financial trouble and a possible sell... what kind of trouble is that anyway ?
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Old 8 May 2013, 14:40 (Ref:3244354)   #12
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Lol, Bon, the thread title doesn't mention finance!

However I should imagine losing one's chief engineer or designer is likely to be somewhat troubling. Whether, in turn, it leads to financial woes is another issue.
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Old 8 May 2013, 15:03 (Ref:3244363)   #13
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Lol, Bon, the thread title doesn't mention finance!

However I should imagine losing one's chief engineer or designer is likely to be somewhat troubling. Whether, in turn, it leads to financial woes is another issue.
I was talking about the other thread and the need to merge with this one !
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Old 8 May 2013, 17:15 (Ref:3244421)   #14
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in fairness to that other thread, i have also been unsure what exactly Genii Capital's long term interests are in the sport.

lots of stories of them buying interests in other automotive activities, including the Lotus stuff, but as of yet i still dont see an overall strategy linking everything together.

and they are an investment company so its only natural that rumous of them selling would crop up from time to time because thats what investment companies do...buy low sell high. so it wasnt really much of a prediction anyways but i suspect every time the team puts in good performance or snags a win there will be rumours of selling up.

shame they are losing Allison but Saward had some good words for his replacement. Nick Chester seems about the business and as mentioned the team does have a history of successfully promoting from within.

the question for me though is what (if any) impact this has on Kimi's future?
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Old 8 May 2013, 22:55 (Ref:3244550)   #15
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This is sad news for the whole of F1.

Will Allison have to spend an extended time on gardening leave?
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Old 8 May 2013, 23:27 (Ref:3244555)   #16
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A group called "Genii Capital" and "long term" do not compute. They are professional speculators and if you've got speculators that means they can go at any time.

Lotus hasn't the stability that other teams take for granted. OK, other teams might have speculators on their sponsorship roll or as minority shareholders but if you've got speculators running the team outright you've got instability and uncertainty. That's why I was never fully convinced by Lotus, win or not, the ownership is just a bit too shadowy.

Of course Bernie has handed the entire sport over to speculators but that's a topic for another thread.
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Old 9 May 2013, 12:39 (Ref:3244815)   #17
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Hasn't F1 always been in the hands of 'speculators'?
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Old 9 May 2013, 13:06 (Ref:3244829)   #18
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Hasn't F1 always been in the hands of 'speculators'?
If by 'speculators', you mean drivers and teams hoping to win the WDC and Constructors championship, then yes.
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Old 9 May 2013, 13:41 (Ref:3244837)   #19
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neiltb should be qualifying in the top 10 on the grid
add merc to the list of teams in trouble. this looks like the famous vote of confidence!!

http://www.bbc.co.uk/sport/0/formula1/22428532
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Old 9 May 2013, 14:34 (Ref:3244853)   #20
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Well, we all are in trouble...
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Old 9 May 2013, 16:08 (Ref:3244887)   #21
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Old 9 May 2013, 16:23 (Ref:3244892)   #22
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Old 9 May 2013, 19:20 (Ref:3244952)   #23
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add merc to the list of teams in trouble. this looks like the famous vote of confidence!!

http://www.bbc.co.uk/sport/0/formula1/22428532
As soon as something like this appears then questions start they must have known that
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Old 9 May 2013, 20:01 (Ref:3244971)   #24
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All teams are in financial trouble really. It's a very cash intensive sport and that's just the planned expenditure with what's unpredictable being an entirely different kettle of fish.

I know its a different business model, different era but the fall of Brabham is instructive. WC and in less than 10 years complete oblivion.
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Old 9 May 2013, 20:04 (Ref:3244973)   #25
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Hasn't F1 always been in the hands of 'speculators'?
Well I wear glasses and it's never gotten me anywhere.......




(Sorry, I'll get me coat....... )
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