Lotus will see out the season

Date published: September 5 2015 - Editor

Lotus have rubbished reports that the team does not have the finances needed to make the season-ending Abu Dhabi GP.

While the main headlines surrounding the team relate to the potential sale to Renault, in the background there have been financial grumblings.

Not only did Bernie Ecclestone reveal that he covered the team's salaries for August but Lotus' cars were impounded at Spa over a dispute with former test driver Charles Pic.

This has led to some concerns that Lotus may not even make it to the next race, the Singapore GP, unless the team is sold.

CEO Matthew Carter has denied this.

"I can guarantee you that we'll be at Singapore," he said. "The sea-freight container… one of our sea-freight containers has left, our airfreight will leave next week. We will be in Singapore.

"As far as the first part of your question is concerned, yes, we've had the financial issues are all over the press, everyone is aware of them. We're working as hard as we can behind the scenes to get them sorted out.

"None of them have become terminal, obviously. We're still here, we're still racing and we will continue to do that.

"The negotiations are going on behind the scenes. I'm hopeful that's going to secure our future one way or the other going forward – and when I say one way or the other it just means we have more than one option going forward to secure the future of the team.

"As far as the rest of the races this season, we have a budget in place and we will operate to that budget and will be at all the races."

Carter, though, could not reveal much about Lotus' potential sale other than to say that talks are on-going.

"It's difficult for me to say too much.

"Obviously my job is to run the team and to look after the team as it stands. The ownership and the shareholding of that team are down to our current shareholders and our potential future shareholders.

"All I can tell you is that negotiations with a certain car manufacturer have been ongoing for a number of months and as far as I'm aware we're just trying to run the team as best we can with the tools we've got."