Financial problems for Lotus and Sauber
- Published on 28 Jan 2014 23:54
-
0
- By: Tom Brooks
The same sources stated that the Enstone-based Lotus squad have failed to pay various suppliers, as well as team members' wages last year, including drivers Kimi Raikkonen and Davide Valsecchi.
It is widely speculated throughout the paddock that this is the main reason why the outfit are not present at the first test in Jerez and due to these financial problems, various members of the team have gone on to work at other teams such as Caterham, Force India, Mercedes and Marussia.
Their 2014 challenger, the E22 was released online last week but it is speculated that this was not the final version of the chassis, which is yet to be seen in the flesh.
Should Lotus fail to make the next pre-season test in Bahrain, serious doubts will be cast upon their presence in the 2014 championship.
The Hinwil-based Sauber team are also suffering from severe financial setbacks, having designed and developed parts for the C33 but are reported as not having any funds to test them in a wind-tunnel.
Having suffered financial problems last year, the Swiss outfit recruited the Russian Sergey Sirotkin as part of investment deal that was designed to secure the future of the team, although it thought that the money is yet to come through to the Sauber team.
Trending news
-
Hadjar sees only positives for Red Bull ahead of Monaco
Isack Hadjar believes Red Bull Racing has finally identified the performance window it needs to challenge for victori...
29 May 2026 17:38 -
Why Fittipaldi believes Russell has already given up on 2026
George Russell has drawn sharp criticism from former Formula 1 driver Christian Fittipaldi after appearing to concede...
29 May 2026 16:36 -
Why McLaren insists Lambiase is not being groomed as Stella's successor
McLaren team principal Andrea Stella has dismissed speculation that Gianpiero Lambiase is being groomed to succeed hi...
29 May 2026 15:33 -
Why Steiner calls Wolff his 'rockstar' of the Canadian GP
Guenther Steiner has singled out Toto Wolff for praise after the Mercedes team principal allowed Kimi Antonelli and G...
29 May 2026 14:31 -
Why Martin Brundle defended Russell's angry headrest throw
Martin Brundle has defended George Russell following the Mercedes driver's angry reaction to his retirement at th...
29 May 2026 13:29
Azerbaijan Grand Prix
Local time
-
Friday
Saturday
Sunday
Azerbaijan Grand Prix
Local time
-
Friday
-
Saturday
-
Sunday
-
Friday
-
Saturday
-
Sunday
Test calendar
Circuit de Catalunya - Winter testing
Bahrain International Circuit - Winter testing
Bahrain International Circuit - Winter testing
World Championship standings 2026
Related news
Give your opinion!
Formula 1 Calendar - 2026
Formula 1 Calendar - 2026
Team profile
- Team name Lotus F1
- Base Enstone, United Kingdom
- Daniel Ricciardo 3
- Kimi Räikkönen 7
- Romain Grosjean 8
- Kimi Räikkönen 9
- Romain Grosjean 10
- Pastor Maldonado 13
- Pastor Maldonado 13
- Kevin Magnussen 20
- Nico Hülkenberg 27
- Jolyon Palmer 30
- Esteban Ocon 31
- Carlos Sainz jr 55
65,124 comments on Lotus F1
16 members have this team as their favourite
Tweets about Lotus F1

Replies (0)
Login to reply