The Lotus F1 Team has agreed to a six-month option to sell nine percent of its shares to a legal firm called JAG Shaw Baker for £6.74 million. JAG Shaw Baker is a company dedicated to advising entrepreneurs, which specialises in representing and advising venture capital funds active in Europe, structuring equity, debt and hybrid […]
Lotus insist that they are making ‘strong progress’ with their new car, the Renault-powered E22, despite it completing just 111 laps – the fewest of any car, except Marussia’s MR03 – on its official debut in Bahrain last week. Certainly, we started from a position very far from where we want to be, explained Lotus’s technical director Nick Chester in an interview on the team’s official website
Just four days running and plenty of learning to do in Bahrain with less than a month to go before the Australian Grand Prix. Technical Director Nick Chester gives us the lowdown on the first test in Bahrain and explains how the team is shaping up ahead of the final programme this week. What’s the view following the first test for the team in Bahrain
After their well-publicized problems in Jerez, last week’s second pre-season test in Bahrain saw Renault – power unit suppliers to Red Bull, Lotus, Toro Rosso and Caterham – make some much needed progress. But despite taking several steps forward, Rob White, Renault Sport F1′s deputy managing director (technical), admits they remain several weeks behind where they would like to be, with a lot of work to be done between now and Melbourne
Lotus caused something of a sensation when they released the first images of the radical Renault-powered E22 in January, but with the Enstone team missing the first test, we’ve had to wait until this week in Bahrain to see the car in the flesh. And, as technical director Nick Chester explains, there’s much more to the car than that unusual nose
It’s certainly been a slow start to testing for Romain Grosjean as the E22 made its test debut at the Bahrain International Circuit with a two-day tally of 25 timed-laps as the team and power supply partners Renault Sport F1 try to hone the new regenerative V6 Turbo. What’s your feeling of the new car? The seat feels okay
Lotus have appointed former Caterham and Marussia racer Charles Pic as their third driver for the 2014 season. The 24-year-old Frenchman, who has 39 Grand Prix starts to his name, will conduct simulator work at the Enstone squad’s factory, whilst also providing support at races
Charles Pic has been named as a reserve driver role with Lotus for the 2014 Formula 1 season. The Frenchman raced for Caterham last year but was not re-signed. He will be the third man alongside Romain Grosjean and Pastor Maldonado, while Nicolas Prost and Marco Sørensen will also do testing work for the team.
Romain heads into his third season as race driver for Lotus F1 Team with the confidence and experience to lead the team to greater things. Follow @Lotus_F1Team New season, new rules and new cars; how much of a challenge do you see the coming months to be? New season, new car, news rules – everything it pretty new and our challenge is pretty big
Lotus this morning confirmed that it will continue to use Renault power for “2014 and beyond”. “Lotus F1 Team and Renault Sport F1 have enjoyed a successful partnership these past few years and we look forward to continue to build on our relationship and collaboration in 2014 and beyond.