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Boullier: Lotus debt is not major issue

Éric Boullier has insisted that the reported debt problems experienced by his Lotus squad have been exaggerated, and that the team’s current situation still fits within the management strategy of majority shareholders Genii Capital. There have been almost constant rumours throughout the course of the 2013 season about the state of the Enstone-based outfit’s finances, with Ferrari-bound Kimi Räikkönen claiming that his exit was down to the team’s inability to provide assurances over money, as opposed to potential performance discrepancies. Nevertheless, Team Principal Boullier stated that the unique approach adopted by Genii means that the level of Lotus’ actual debt may be less...
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11y ago from GPUpdate.net 0
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