A number of components for the two T128 LMP2 prototypes being prepared by German squad Kodewa, which is running the cars under the Lotus Praga banner, have been seized by a local court.
French publication Auto Hebdo is claiming that the court decision was made due to Kodewa failing to meet some financial commitments to an undisclosed partner, reports SPEED.
The two Lotus Praga T128 prototypes have been contesting the 2013 World Endurance Championship and were to race in the event’s highlight, the 24 Hours of Le Mans, with drivers James Rossiter, Kevin Weeda and Christophe Bouchut in car #31 and Thomas Holzer, Dominik Kraihamer and Jan Charouz in car #32.
At present, the cars, stripped of vital components, remain in the garage. A court hearing is expected to take place later today and an announcement from the team should be made soon.
Stay tuned for an update.
In related news, the Lotus F1 Team has announced the sale of a 35 percent stake to an investment group called Infinity Racing Partners (no relation to Infiniti, which sponsors the Red Bull Racing team). The Lotus F1 Team was previously 100 percent owned by another investment group, Genii Capital, which retains a 65 percent stake in the Enstone-based squad.