Hulkenberg and budget boost by Lotus for 2014

A Lotus contract with Nico Hulkenberg's name on it will be signed at Enstone "either today or tomorrow", the German newspaper Bild reports.

It was said that the team was poised to sign the 26-year-old German as soon as the deal with Quantum - formerly Infinity, a group of private investors who plan to buy 35 per cent of Lotus - is done.

If not, it could have opened the door to Pastor Maldonado.

Maldonado's lucrative sponsor PDVSA is locked in a contract with Williams, but O Estado de S.Paulo correspondent Livio Oricchio said the Venezuelan is desperate to move from uncompetitive Williams.

But Bild reports that Lotus' Quantum deal is finally now being formalised, which should boost the team's budget beyond EUR 200 million for 2014.

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Leopold

Leopold Pleijsier founded F1-Fansite.com in 2001 and has followed Formula 1 since the early 1980s. He writes about daily F1 news, race weekends, drivers and the sport’s history.

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