Recently, we haven’t had much good to say about Lotus and trust us, that is not by choice. We actually love Lotus and everything it once stood for in the performance car world. Unfortunately, it has undergone some serious changes and the CEO that it had decided to abandon what we all loved about Lotus.
In addition to the woes that Lotus underwent on the retail car front, it also underwent similar struggles on the racing front. Due to funding issues, its engines fell drastically behind the competition and its newly-signed-up partners all abandoned ship. It’s only two remaining partners ended up finishing dead last in May.
Part of the problem was that due to funding issues, Lotus entered its revised engine plans for approval by INDYCAR too late and it was stuck running its original engines. Well, it looks like the downpour of bad news is starting to dry up for Lotus, as Lotus’ INDYCAR manager, Oliver Picquenot, was quoted saying "Lotus has been working with outside engineering firms, in conjunction with Mr. John Judd and his enterprise.”
This obviously means that INDYCAR has finally given Lotus its much-needed permission to upgrade its engine via its engineering partner Engine Devel opments Ltd. This should give lotus the chance to at least close the INDYCAR-estimate 2.5 percent gap between its engines and everyone else’s, and Lotus is saying that it expects huge improvements.
So let’s hope for the best here and see if Lotus can make some money off of racing, or at least garner a little interest via finishing better than dead last to help calm its rocky seas.
Just an update, resigned Caterham Managing Director , Ansar Ali, is still a free agent and we already see a good fit between him and Lotus. So we’ll continue to monitor that situation, as well as Lotus’ INDYCAR improvements, as it tries to dig itself out of the hole a certain “someone” put them in…