F1-Fansite.com

adrotate banner=”4″]

F1 News

Lotus admits they need Maldonado's millions

Pastor Maldonado wins the 2012 Spanish F1 GP for Williams
Pastor Maldonado wins the 2012 Spanish F1 GP for Williams
Pastor Maldonado wins the 2012 Spanish F1 GP for Williams

Pastor Maldonado wins the 2012 Spanish F1 GP for Williams

Lotus has admitted for the first time that Pastor Maldonado will boost the Enstone based team's coffers in 2014.

Earlier, Venezuelan Maldonado said there was no guarantee his departure from Williams would mean his lucrative backer PDVSA will follow him to his next F1 team.

And when Lotus announced that the 28-year-old is arriving to replace Kimi Raikkonen for 2014, it made no mention of the Venezuelan oil giant's millions.

But team boss Eric Boullier always said the not-significantly-sponsored Nico Hulkenberg was actually Lotus' first choice to fill the driver vacancy.

And the Frenchman on Friday was quoted as saying Maldonado's signing indeed comes with "financial support".

Lotus has reportedly been struggling to pay staff and develop its 2014 car, and Raikkonen departed for Ferrari declaring that he was not paid a single euro.

Not signing the highly rated Hulkenberg was interpreted as a sign that the much-vaunted 'Quantum' buy-in deal had finally failed, leaving Lotus heavily reliant on Maldonado's cash.

"We are still confident something is going to happen," Boullier, referring to Quantum, told the British broadcaster Sky. "But timing is an issue.

"Obviously there is a financial support with Pastor, which in these days we may need. And unfortunately, as I said before, timing is an issue.

"We have to deliver a car in less than eight weeks now," he added.

Eric Boullier

Eric Boullier

Boullier, however, suggested it is wrong simply to write off Maldonado as a pay-driver, having delivered a pole and race win to Williams just last year.

"Maybe there is still some fine-tuning to do with him," he acknowledged.

"I think we just need to make sure he can keep his focus -- actually similar issues we had with Romain (Grosjean) last year.

"I'm sure that with the proper support and team around him, we can do something nice with Pastor," added Boullier.

Book discounted tickets and reservate your hotel room in our F1 Tickets Shop.

Please share this article & subscribe to our FREE weekly F1 Newsletter

PinIt
  submit to reddit  

Latest posts in this F1 category:

See older posts in our F1 Archive »

Stay Updated by F1-Fansite!

2017 F1 Merchandise

2017 F1 MerchandiseGet your 2017 F1 Merchandise here.

Early Booking Discounts on F1 Tickets

Buy F1 Tickets cheaper at F1-Fansite.com 2017 Formula 1 Season Early Booking Discounts are:
F1 Grand Prix
Discount

Hungary '1750% Sold OutBook Now
Belgium '1775% Sold OutBook Now
Italy '1730% Sold OutBook Now
Singapore '17AvailableBook Now
Malaysia '17AvailableBook Now
Japan '17AvailableBook Now
USA '1710% DiscountBook Now
Mexico '17AvailableBook Now
Brazil '17AvailableBook Now
Abu Dhabi '1730% DiscountBook Now
Australia '18AvailableBook Now
Spain '1820% DiscountBook Now
Monaco '18AvailableBook Now

Polls

When should McLaren terminate their Honda collaboration?

View Results

Loading ... Loading ...
F1 Polls

We make use of cookies to personalise ads, to make use of social media & to analyse our website traffic. We also share this information with our partners for use of social media, ads & analyses. These partners can combine our info with other info that you already shared with them or that they have gathered of you by using their services. By continuing to use this website, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close