Lotus Formula 1 team CEO Patrick Louis steps down

Lotus has undergone a management reshuffle, with its CEO Patrick Louis stepping aside from his day-to-day role with the team

Lotus Formula 1 team CEO Patrick Louis steps down

Louis was brought into Lotus at the start of 2010 when current owners Genii Capital bought the team from French car manufacturer Renault. He was originally COO but moved up to the CEO role in 2012.

The Frenchman worked alongside team principal Eric Boullier to help get Lotus back to winning ways and tried to secure its financial future amid recent difficulties.

But before the start of the 2014 campaign, AUTOSPORT has learned that Louis has elected to step down as CEO to take up a position with the Genii Automotive brand. He will retain a position on the Lotus team board, however.

Stepping into the CEO role is Matthew Carter. He is understood to be an ally of minority shareholder Andrew Ruhan, the property investor who got involved with Lotus at the start of last year.

Lotus had hoped to secure a major deal with investors Quantum Motorsports at the end of 2013, but the deal was not completed.

With that deal failing to come off, Lotus signed Pastor Maldonado and his PDVSA backers for 2014, rather than opt for Nico Hulkenberg, who had been in advanced talks with the outfit.

shares
comments
Former F1 driver Mark Webber fears for Australian talents

Previous article

Former F1 driver Mark Webber fears for Australian talents

Next article

Lotus to miss first 2014 Formula 1 winter test at Jerez

Lotus to miss first 2014 Formula 1 winter test at Jerez
Load comments

About this article

Series Formula 1
Teams Team Lotus , Lotus F1 Team
Author Jonathan Noble
The toe-in-water origins of Lotus’s groundbreaking F1 journey Plus

The toe-in-water origins of Lotus’s groundbreaking F1 journey

In the first part of our history of Lotus, DAMIEN SMITH recalls how Formula 1 wasn’t an immediate priority for team founder Colin Chapman – but once he got a taste for it he just couldn’t stop…

How Hamilton’s qualifying record compares to Senna and Schumacher Plus

How Hamilton’s qualifying record compares to Senna and Schumacher

Lewis Hamilton has just become the first driver to record 100 world championship Formula 1 pole positions. Time to revisit a debate we discussed when he reached 150 front row starts in 2020.

Why sustainability is being mandated by F1 Plus

Why sustainability is being mandated by F1

Continuing to be socially acceptable as public views shift globally is vitally important to the future of motor racing, says PAT SYMONDS - especially in Formula 1, the championship that represents the technological peak

Formula 1
May 8, 2021
The Barcelona practice times that prove Red Bull's title credentials, and heap pressure on Verstappen Plus

The Barcelona practice times that prove Red Bull's title credentials, and heap pressure on Verstappen

Lewis Hamilton and Mercedes led the way in Friday practice for the 2021 Spanish Grand Prix, but there was one big encouraging sign for Red Bull. The trouble is, it looks like making good on that gain will require its superstar driver to avoid repeating a mistake made today that left him well down the FP2 order

Formula 1
May 7, 2021
Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place Plus

Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place

Three points finishes from as many starts represents a decent opening innings on paper, but Daniel Ricciardo has endured a tough start to his McLaren career - only magnified his team-mate's excellent form. Yet both he and the team have good reason to expect a turnaround soon

Formula 1
May 6, 2021
What needs to “change” for Red Bull is ending Verstappen’s errors Plus

What needs to “change” for Red Bull is ending Verstappen’s errors

OPINION: Going up against the dominant force of Mercedes and Lewis Hamilton was always going to demand the best from Red Bull and Max Verstappen. But after making a couple more errors during the Portuguese Grand Prix, the Dutch driver showed there's a small gap he still needs to close in the 2021 Formula 1 title fight

Formula 1
May 5, 2021
The "subtle" Red Bull upgrades that kept it in the Portugal F1 mix Plus

The "subtle" Red Bull upgrades that kept it in the Portugal F1 mix

Red Bull's Portuguese Grand Prix fortunes were decidedly second best to Mercedes', but the result skews the potential that the team had at Portimao. With a new set of updates, the team looks good going forward into the rest of 2021's spicy F1 competition

Formula 1
May 3, 2021
Portuguese Grand Prix Driver Ratings Plus

Portuguese Grand Prix Driver Ratings

The 2021 Portuguese GP will for several drivers go down as a weekend of missed opportunities amid imperfect track conditions that caused struggles with tyre warmup. But the performances of a select few stood out from the crowd

Formula 1
May 3, 2021