It's unfortunate that none of you will now invest in the team, yes. But I think looking at this calmly Quantum comes out of it a lot worse than Lotus. This is another mark against Ijaz. Lotuz/GENII started the money talks to try to flush them out and see if they were going to commit or not. I don't think they were naive in this one. Unlike the Honeywell saga.
It seems the whole Quantum Racing was just set up for this episode (scam some might call it) and Ijaz seems to have quite a reputation already before this so no harm done in that front, IMO. The worst impact is on GENII/Lopez/Lotus side for being associated with this kind of a "deal", i.e. putting it bluntly to look like complete fools.
But Lopez seems too smart to be fooled in this way so it leaves two options:
1. There was some real money behind Quantum but it was so hot that it did not get cleared through the banking system.
2. Ijaz has always been Lopez's servant and set the whole thing up to benefit GENII/Lopez/Lux to gain shield against the debtors and artificially pump up the market value of Lotus in the eyes of real investors, e.g. Renault.
So for these reasons I believe the most damage and loss of credibility is on GENII/Lopez/Lux side since on the other side there was not really anything to lose.
Edited by Jvr, 20 January 2014 - 14:29.