Lotus team principal Eric Boullier says the team prioritized paying “suppliers and key people” over Kimi Raikkonen.
Raikkonen cited the delay in receiving his payments as one of the reasons why he has left the team to join Ferrari.
“It is public knowledge by now that we’ve been late in paying him, and he got upset,” Boullier told the official Formula One website.
Boullier said the team faced a cash-flow problem – which had also happened the year before:
“You have to decide where you want to spend your money. Our suppliers and key people who develop the car were our priority – maybe not Kimi. But Kimi was in a similar position last year and it was all settled by the end of the year. And Genii had the plan to do the same this year.”
Boullier was placed in charge of the team by Genii in 2010, when it was Renault. “The strategy behind the team was to build the team up and bring it back as a top team,” he explained.
“Genii gives us the means to achieve that, but obviously to go to the next level you need more means and more resources and it is no secret that for quite a while Genii have been looking for partners to make sure that we can bring more money to the team and have access to a bigger sponsor portfolio.
“We need to secure sponsors, as this is the only way to step up.”
The NTT IndyCar Series will be sharing Indianapolis Motor Speedway with the NASCAR Cup Series in a race weekend doubleheader for the second consecutive season, but both series will be on the road course in August 2021.
IMS announced Wednesday that IndyCar will hold an Aug. 14, 2021 race on its 14-turn, 2.439-mile road course. It’ll be a day before NASCAR’s premier series runs the same layout for the first time after the Brickyard 400 was contested on the 2.5-mile oval for the first time in 27 years.
This season’s rescheduling of the IndyCar GMR Grand Prix to July 4, 2019 (a day before the Brickyard 400) led to the first NASCAR-IndyCar doubleheader weekend. The Xfinity Series also raced on the IMS road course for the first time July 4 after the IndyCar race ended.
INDYCAR AT IMS THIS WEEKEND: Harvest GP schedule, entry lists
IndyCar will be holding its second race weekend this year at the IMS road course Friday and Saturday with the Harvest GP.
“Our first NASCAR-INDYCAR weekend was a big success last July, with positive feedback from
our loyal fans who watched the races on NBC and from the drivers, teams and participants
involved,” IMS president Douglas Boles said in a statement. “The Xfinity Series’ debut on the IMS road course provided exactly the kind of thrilling action from the green to checkered flags that we anticipated, so we know the teams and drivers of the Cup Series will put on a great show as they turn left and right for the first time at IMS.
“We can’t wait to welcome back fans to see NASCAR and INDYCAR together during this
exciting weekend as we add another memorable chapter in the long, storied history of the
Indianapolis Motor Speedway.”
It also will mark the first NASCAR Cup-IndyCar doubleheader with a crowd as fans weren’t permitted at IMS in July because of the novel coronvavirus (COVID-19) pandemic.
Over the course of Wednesday, NASCAR is releasing its 36-race slate for next season. IndyCar has yet to release its full 2021 schedule.