How the mighty have fallen. After Marussia and Caterham both went bankrupt, the revised entry list for the 2015 Formula One World Championship lists the once-formidable Lotus team as "subject to confirmation," raising questions over the now-independent team's viability.
Lotus F1 Team
The Lotus Formula One Team is sticking with drivers Romain Grosjean and Pastor Maldonado next year, but it's dropping Renault as an engine supplier in favor of Mercedes power. The 2014 F1 season is barely over, though, and that mean's there still a little time left to put those marketing dollars to work, while still having a little fun, too.
A Lotus F1 car and the truck in which it's transported may both be powered by Renault and share a common JPS livery, but as far as size and performance are concerned, they're at opposite ends of the spectrum. So if you had to jump one over the other, you'd think it'd be a no-brainer to skip the single-seater over the tractor-trailer. Right? Well that may be the more logical conclusion, but it's not the way the Lotus team and its technology partner EMC decided to go for this latest promo. Instead
With only three manufacturers supplying engines in Formula One this season, the teams have been fairly evenly split: Ferrari, Sauber and Marussia use Ferrari engines; Mercedes, McLaren, Williams and Force India run on Mercedes power; Red Bull, Toro Rosso, Lotus and Caterham employ Renault power units. But one important team is reportedly preparing to ditch Renault and switch to Mercedes for next year.
Detractors will tell you that there's little to be applied from Formula One racing to the cars we drive, but what about the cars most of us could only dream of driving? We're talking about supercars from the likes of Ferrari and McLaren – two hugely successful F1 racing teams that have successfully made the transition into building exotic sports cars for the road. And soon there may be one more.
The Lotus F1 team has fallen on some hard times. Majority-owned by investment firm Genii Capital and having little to do with the British automaker with which it shares its name, the Enstone-based outfit has been widely reported to be in serious financial trouble. The extent of those difficulties were until now unknown, but a new report from Germany's Auto Motor und Sport reveals that the team is in the red to the tune of £114 million – equivalent to $186 million at today's conversio
The Formula One team formerly known as Renault and currently racing under the Lotus banner is still feeling the absence of its star driver Robert Kubica. The Polish driver, as you may recall, was severely injured when he crashed his Skoda Fabia S2000 in a rally in Italy two years ago. And now the driver who's keeping his seat warm wants to go rallying, too, but it doesn't look like it's going to happen.
There have been plenty of rumors surrounding the fate of Lotus and its relationship with its longtime parent company, Proton. Some are saying that Dany Bahar has been axed as CEO, that the company is undergoing bankruptcy protection, and that its involvement in Formula One has drawn to a close. Lotus itself is hard at work quashing those rumors – attributing most to the people at Caterham – but among them we have some juicy tidbits of information regarding its arrangement with the Fo
What good is it having an F1 team to your name if you can't leverage it into a special edition sportscar and have the world champion you just signed unveil it in front of the gathered masses? That's what Lotus seems to be thinking as the British automaker is reportedly preparing to unveil a special edition Evora at the upcoming Geneva Motor Show.
What's in a name? That depends who you ask. For the folks at Lotus, a name matters a great deal. That's why it fought so hard to regain control of its brand from the team now known as Caterham, and why it is launching racing programs in top series around the world under that same name. For the F1 team that has most recently adopted it, however, the name is less relevant than the winning form to which it hopes to return.
Few drivers have caused the kind of speculation that Kimi Raikkonen has in the past few years alone. Will he take a Ferrari payoff and make way for Fernando Alonso? Will he find another ride in Formula One? Will he make it in the World Rally Championship? Will he make a real go of it in NASCAR? Will he ever come back to F1? And if so, with which team? Well, the speculation can now stop – or at least change focus – because the 2007 World Champion has officially returned to Formula One