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Singapore Grand Prix: Boullier reassures over Lotus cash

Lotus F1 team principal Eric Boullier has played down concerns over the financial viability of the team and said that Kimi Raikkonen's outstanding salary will be paid before the end of 2013.
Lotus F1 boss Eric Boullier has insisted that Kimi Raikkonen will receive all his outstanding salary in due course, despite the Finn revealing on Thursday that he hadn't been receiving his contractual fee on time in 2013.

"The reasons why [I haven't been paid] you will have to ask from the team, but the reason why I left the team is purely from the money side - the thing is, I haven't got my salary," he told reporters in Singapore this week.

“It's an unfortunate thing but I want to try to help the team as much as I can," he added. "I like to race, that's the only reason why I'm here and it doesn't matter what team it is," he said.

Boullier insisted that while the team did owe Raikkonen outstanding wages, the money would be paid before the end of the year.

"The truth is yes we owe him money so that is true, he is going to be paid, that is true too," the team principal responded on Friday. "So if you want a little bit more story, last year was the same... we owed him some money but only at the very end was he fully paid."

Boullier added that "it is just the way we manage our cashflow" and nothing to get concerned about regarding Lotus' overall financial viability.

"Unfortunately, we are not as rich as some of the teams on the grid," he said, adding that while Lotus had been capable of fighting for wins and podium positions alongside the likes of Red Bull and Ferrari, "maybe we are not as sustainable as we should be."

Boullier insisted that while he wasn't happy for Raikkonen to publicly reveal the situation over unpaid back pay, he didn't think it would harm the team's standing as it seeks a replacement driver for the Finn who is departing for Ferrari at the end of the season.

"I don't think it is damaging the brand of the team to be honest," he said. "It's obviously a bad message, but I don't know why he decided to publicly speak about his finance situation.





Related Pictures

Click on relevant pic to enlarge
19.09.2013- Kimi Raikkonen (FIN) Lotus F1 Team E21 during the Thursday Press Conference
20.09.2013- Free Practice 1: Kimi Raikkonen (FIN) Lotus F1 Team E21
20.09.2013- Free Practice 1: Kimi Raikkonen (FIN) Lotus F1 Team E21
20.09.2013-  Free Practice 1, Kimi Raikkonen (FIN) Lotus F1 Team E21
Eric Boullier (FRA) Lotus F1 Team Principal. 02.03.2013.
19.04.2013- Press conference, Eric Boullier (FRA), Team Manager, Lotus F1 Team
The Lotus F1 E22 running new 18 inch Pirelli tyres and rims.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Charles Pic (FRA) Lotus F1 E22 Third Driver.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
The Lotus F1 E22 running new 18 inch Pirelli tyres and rims.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Charles Pic (FRA) Lotus F1 E22 Third Driver leaves the pits running new 18 inch Pirelli tyres and rims.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Charles Pic (FRA) Lotus F1 E22 Third Driver leaves the pits running new 18 inch Pirelli tyres and rims.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Charles Pic (FRA) Lotus F1 E22 Third Driver leaves the pits running new 18 inch Pirelli tyres and rims.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Charles Pic (FRA) Lotus F1 E22 Third Driver leaves the pits running new 18 inch Pirelli tyres and rims.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Charles Pic (FRA) Lotus F1 E22 Third Driver leaves the pits running new 18 inch Pirelli tyres and rims.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Charles Pic (FRA) Lotus F1 E22 Third Driver leaves the pits running new 18 inch Pirelli tyres and rims.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Charles Pic (FRA) Lotus F1 E22 Third Driver leaves the pits running new 18 inch Pirelli tyres and rims.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Charles Pic (FRA) Lotus F1 E22 Third Driver leaves the pits running new 18 inch Pirelli tyres and rims.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Charles Pic (FRA) Lotus F1 E22 Third Driver leaves the pits running new 18 inch Pirelli tyres and rims.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.

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benignlyindifferent

September 21, 2013 12:28 PM

"doesn't understand why Kimi spoke out about it"? Maybe because you did this to him last year, were repeating it this year, and every second day you were giving news briefs about how you were certain Kimi would stay and that Lotus was his best option. Kimi kept quiet for a very long time and only after his departure was questioned by your team did he make his reasons public. Face it, Lotus blew it and so did the the so-called investors that are supposedly coming to the team.



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