Boullier: Financial stability is a priority, then we think of drivers for the future

Eric Boullier looking to the future

Eric Boullier looking to the future

Lotus have said thatthey will put driver decisions on hold while they sort out the Formula 1 team’s finances for next season.

Team principal Eric Boullier told French media that finalising a deal with new investors was more of a priority than hiring a replacement for 2007 World Champion Kimi Raikkonen.

“I want to close this [deal], because it is important for the team. It will give it the financial stability for more than five years and it will give us also two steps forward in terms of revenue,” he said.

“After that, we can then think about the drivers for next year – but also for 2015, 2016, and 2017.”

Things have changed since this photo was taken of Kimi Raikkonen, Eric Boullier and Romain Grosjean at the start of the season

Things have changed since this photo was taken of Kimi Raikkonen, Eric Boullier and Romain Grosjean at the start of the season

Raikkonen is moving to Ferrari, the team with which he won the Championship, next season to partner Fernando Alonso. Frenchman Romain Grosjean is expected to remain with Lotus.

The Finn said after his move was announced that one of the reasons for his decision to switch was that Lotus had failed to pay his salary.

Sauber’s German driver Nico Hulkenberg and Brazilian Felipe Massa, who lost his place at Ferrari to Raikkonen, have been mentioned as frontrunners for the vacant Lotus seat.

Boullier indicated that the choice was between “a youngster who can stay with us three years” or doing a short-term deal before then seeing “what is available on the market after that”.

Lotus F1 factory at Enstone

Lotus F1 factory at Enstone

“I want to close the financial situation to make sure that we [can] pick the driver on merit,” he said.

“And then, if we are an attractive team with an attractive combination of drivers and we can get some sponsors, fine. But that is not the priority.”

Lotus announced in June that a consortium of private investors, including an American hedge fund manager and an Abu Dhabi-based multinational business group, had acquired a 35 percent stake.

However, the deal has yet to be finalised. (Reuters)

Subbed by AJN.

  • McLarenfan

    It is said the Hulk is used to not being paid, that said Massa has sponsorship and being ex-Ferrari he has a healthy bank balance and I am sure Rob will come too.