Boullier: We will not be the only team not in Jerez for first F1 test 9 January, 2014 Eric Boullier with Romain Grosjean Lotus announced earlier this week that they will not attend the first Formula 1 test of the season. Team boss Eric Boullier believes that his will not be the only team absent from proceedings at Jerez. Boullier told BBC, “You will see, we will not be the only team not [going to] Jerez. I know this for a fact already. We already said a month ago that it is going to be tight. Actually most of the teams agreed it was going to be tight. Then it was a decision we took.” “It is true the car will not be ready on time, but we will be ready shortly after that – and in some ways, it is not bad because we will have time to watch what the others are doing and nobody will be able to watch what we are doing. Remember, this year it is a big regulation change, so everybody will be watching very carefully what the others have done,” predicted the Frenchman. Romain Grosjean in the Lotus E21 “We took the decision bearing in mind [that] we we would miss a third of the testing, so we have to focus on doing things a little bit differently to make sure [that] we do not lose too much,” added Boullier. Lotus’ financial woes captured headlines last season, especially when Kimi Raikkonen informed the world, in November, that he had not been paid for his services. The Enstone team, owned by Luxembourg-based venture capital group Genii Capital, was also expecting investment from Quantum Motorsport which failed to materialise. The team subsequently signed Pastor Maldonado who is known to have substantial backing from Venezuelan petroleum giant PDVSA, which appears to have eased the financial strain on the team. The team’s other driver Romain Grosjean will be with the team for a third year. (GP247) Subbed by AJN. Reports on GrandPrix247.com by: staff & contributors, Reuters syndication, GMM service, Formula 1 teams, sponsors & organisations.