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F1: Lotus team lost $75m in 2015

Formula 1

F1: Lotus team lost $75m in 2015

By alley - Jul 19, 2016, 1:31 PM ET

The Lotus Formula 1 team recorded a staggering loss of £57 million [$75m] for 2015, recently published accounts have revealed.The exact figure of £56.994m represents a considerable increase in the team's revealed financial loss compared to 2014, which stood at £5.75m [$7.5m].The accounts are recorded to Dec. 31, 2015, just...

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