Chairman Gerard Lopez has slammed reports that Lotus is in financial trouble as "unfair" to those working for the team.
Earlier this week, Germany's Motorsport-Total reported that the Enstone-based team is "in financial trouble" and fighting for "survival."
The team, the article alleges, is in debt to the tune of €120m ($160m) with salaries paid late and "suppliers and service providers" also not getting their money on time.
Lopez, however, says the debt is not "real" debt and that all salaries have been paid on time.
"On the €120 million debt, anybody half-smart can find out that number by going to Companies House records and will see that out of that, over 90 million is not 'real' debt but shareholder loans made to the company," he told Autosport.
"The salaries have always been paid on time and there has never been even a hint of a potential strike by our people at the factory.
"We usually don't comment on these things, but in this case it's unfair on the people working in the company to be saying things like that."
Lopez also insisted Lotus has the financial resources to continue with this season and the development of their car.
"We are actually bringing a number of new developments throughout the season," he added.
"What is true is that, just like everyone else, a lot of the big stuff like the double DRS has already been developed but is going to be put on the car for the upcoming races.
"In the second half of the season all you are doing is coming up with new wings, you're not look at changing the wheelbase or things like that - those are things you do in the first 10 races."
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