Breaking news

Formula 1

Lopez plays down Lotus collapse fears

Lotus' place was marked with a conspicuous asterisk in the FIA 2014 entry list, fuelling rumours of financial doom.

GMM

Edited: Jan 15, 2014, 1:48 PM

Copy link

Share on Facebook

Share on Twitter

Share on WhatsApp

Share on Linkedin

Share on Pinterest

Share on Viber

Add as a preferred source

Romain Grosjean, Lotus F1 E21

Jan.15 (GMM) Lotus owner Gerard Lopez has moved to allay fears the Enstone based team is on the verge of collapse.

When the FIA issued the official 2014 entry list recently, Lotus' place was marked with a conspicuous asterisk, fuelling rumours of financial doom.

"We just had the wrong team name on the list, namely the one of two years ago," Lopez told Germany's Auto Motor und Sport on Wednesday.

"I can assure you -- everything is still the same."

Despite the reassurance, however, many wonder if the now-terminally delayed 'Quantum' buy-in has derailed Lotus, who have turned to the lucratively-backed Venezuelan Pastor Maldonado to replace unpaid Finn Kimi Raikkonen.

Lopez insists Raikkonen has now been "partly paid". "He will get the rest," he added.

But Lotus is also sitting out the forthcoming Jerez test, where every other team is expected to put the newly V6-powered single seaters through their paces for the first time.

Like the entry list, Lotus' absence will be conspicuous.

"We are very satisfied with the development of our car," Lopez said, "which will perhaps look a bit different from the others.

"We believe it is better to use the next few weeks in the wind tunnel, which will give us more than one test on the track would."

He insists that missing Jerez will not give Lotus' rivals a head-start when it comes to understanding the new turbo 'power unit'.

"There is also Red Bull, Toro Rosso and Caterham testing (the Renault engine), and the findings will also benefit us," said Lopez.

"Any changes Renault makes before the Bahrain test will also be in our car," he explained.

"The first real test is in Bahrain," said Lopez. "Before that, we can find more laptime in the factory."

But, actually, Lotus or Renault never officially announced a new deal for 2014. Does the team even have an engine for 2014?

"We have the Renault engine," Lopez insisted, "but Lotus is not just a customer of Renault. Our engineers for example have helped develop the KERS.

"So we have tried to agree that it is more than just an engine deal, which has delayed the negotiations somewhat."

But now terminally delayed, Lopez admitted, is the Quantum deal.

"The money never arrived," he said, "so we cancelled it. For 2014, our budget is complete with our new sponsor PDVSA."

Finally, Lopez played down reports of a link with the Italian marque De Tomaso.

"There is currently nothing to it," he said, but he did admit that he is looking into developing a carbon sports car, and "De Tomaso is an option".

"But this has nothing to do with Formula One," added Lopez.

We want your opinion!

What would you like to see on Motorsport.com?

Take our 5 minute survey.

- The Motorsport.com Team

Read and post comments

Read also :

Share Or Save This Story

Copy link

Share on Facebook

Share on Twitter

Share on WhatsApp

Share on Linkedin

Share on Pinterest

Share on Viber

Previous article Formula One technology tackles obesity in unique healthcare partnership

Next article Alan Wilson's new novel ZAPPED available on Amazon, Nook and I-Tunes I-Books

Top Comments

There are no comments at the moment. Would you like to write one?

View More & Comment

More from

GMM



The season is still very long - Rosberg

Formula 1

Formula 1

The season is still very long - Rosberg



Jules Bianchi's father speaks of family's continued hopes

Formula 1

Formula 1

Jules Bianchi's father speaks of family's continued hopes



Sauber under no illusions about constructors' position

Formula 1

Formula 1

Chinese GP

Sauber under no illusions about constructors' position

More from

Kimi Raikkonen



David Coulthard explains why Robin Raikkonen's rise resembles Max Verstappen's

Formula 1

Formula 1

Spanish GP

David Coulthard explains why Robin Raikkonen's rise resembles Max Verstappen's



On this day: Michael Schumacher wins… and stuns tifosi with F1 retirement

Formula 1

Formula 1

Italian GP

On this day: Michael Schumacher wins… and stuns tifosi with F1 retirement



Red Bull signs Kimi Raikkonen’s son as junior driver

Formula 1

Formula 1

Italian GP

Red Bull signs Kimi Raikkonen’s son as junior driver

More from

Racing Bulls



Tsolov named Red Bull, Racing Bulls reserve driver after missing out on 2027 F1 race seat

Formula 1

Formula 1

Sao Paulo GP

8 h

Tsolov named Red Bull, Racing Bulls reserve driver after missing out on 2027 F1 race seat



The impressive stats underpinning Liam Lawson's career-saving F1 season

Formula 1

Formula 1

Sao Paulo GP

10 h

The impressive stats underpinning Liam Lawson's career-saving F1 season



How Arvid Lindblad has shown that he's found his feet in F1

Formula 1

British GP

How Arvid Lindblad has shown that he's found his feet in F1

Latest news



IndyCar 2026 season review: ECR

IndyCar

Indy IndyCar 5 h

IndyCar 2026 season review: ECR



Toto Wolff reflects on Mercedes’ non-title years: ‘We weren’t complete losers’

Formula 1

F1 Formula 1

Sao Paulo GP

6 h

Toto Wolff reflects on Mercedes’ non-title years: ‘We weren’t complete losers’



Renger van der Zande moves to IMSA’s LMP2 class full-time with Tower Motorsports

IMSA

IMSA IMSA 6 h

Renger van der Zande moves to IMSA’s LMP2 class full-time with Tower Motorsports



Nick Sanchez will compete for 2027 NASCAR Truck title with McAnally-Hilgemann

NASCAR Truck

NSTR NASCAR Truck

Homestead

6 h

Nick Sanchez will compete for 2027 NASCAR Truck title with McAnally-Hilgemann

Feature

Discover prime content



Tough love and F1 titles – A key life lesson behind Wolff's Mercedes success

Formula 1

Sao Paulo GP

By Ronald Vording

Tough love and F1 titles – A key life lesson behind Wolff's Mercedes success



How Brazil showcased everything that's good about F1 - plus some that isn't

Formula 1

Sao Paulo GP

By Filip Cleeren

How Brazil showcased everything that's good about F1 - plus some that isn't



Top 10 F1 cars of the 1970s

Formula 1

By Kevin Turner

Top 10 F1 cars of the 1970s



Why Rafael Camara should take heart from a tough F1 debut in Brazil

Formula 1

Sao Paulo GP

By Jake Boxall-Legge

Why Rafael Camara should take heart from a tough F1 debut in Brazil

Subscribe and access Motorsport.com with your ad-blocker.

From Formula 1 to MotoGP we report straight from the paddock because we love our sport, just like you. In order to keep delivering our expert journalism, our website uses advertising. Still, we want to give you the opportunity to enjoy an ad-free and tracker-free website and to continue using your adblocker.

You have 2 options:

Subscribe now Already subscribed? Sign in here

Already disabled your adblocker?
Reload page

Manage Alerts

Subscribe