Dragons CEO Meets With Newport RFC Fans Atlético CEO Talks San Luis Takeover Western Force Reportedly To Be Axed Davies Warned To Expect 'Rough Ride' Rangers Set To Appoint Football Director Portsmouth CEO Warns Fans Man City Eyeing Uruguay's El Torque Chinese Bid For AC Milan Faltering EST Urging Everton To End StubHub Deal Franchise Notes
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/January 27, 2014/Franchises
Gerard Lopez Replaces Eric Boullier As Lotus Formula One Team Principal
Published January 27, 2014
Gerard Lopez replaced Frenchman Eric Boullier as principal of "the unsettled Lotus Formula One team," according to Alan Baldwin of REUTERS. The news "triggered speculation that Boullier could be heading to McLaren." McLaren, who had a miserable '13 season without a single podium finish, has yet to say who will lead their team "after Martin Whitmarsh lost his position of overall group chief executive to his returning predecessor Ron Dennis." Lotus said in a statement, "Gerard Lopez, will combine his position on the board with the role of Team Principal with immediate effect." Lotus was successful on track last season "but struggled financially off it, with talk of significant investment from the Middle East that never materialized." Lotus is also yet to confirm the renewal of its engine partnership with Renault, although that is taken as a given, and are the only team to have said it "will not attend next week's opening pre-season test in Jerez, Spain." Lotus explained the change at the top as a strengthening of its management structure and to "further increase Genii's role in the team and to close the gap between its strategic, commercial and sporting activities" (REUTERS, 1/24).