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Lotus team boss Eric Boullier has admitted that the Enstone squad is still walking a financial tightrope while it waits for an injection of funds, but he remains optimistic that the situation will sort itself out in time to retain Kimi Raikkonen for 2014.

The Finn is a well-publicised target for Red Bull Racing as it looks to replace Mark Webber and suggestions that he has not been paid by his current employer – allied to overt conversations between manager Steve Robertson and senior RBR figures in Hungary – do little to quell speculation that he remains a rival to Daniel Ricciardo when it comes to partnering Sebastien Vettel in 2014.

Having admitted that payment was a little late in arriving, Boullier insisted earlier this month that Raikkonen had now received what he was due, but the Finn appeared unwilling to discuss the situation when questioned by Sky Sports at the Hungaroring.

Pressed on the subject of whether ongoing money problems would drive him from Lotus next season, Raikkonen shrugged before claiming that 'there is a certain point where a decision will be made', but refused to be drawn on the finer details of the situation.

Red Bull team boss Christian Horner has already said that the Finn's salary would not be an issue for the Milton Keynes operation – hardly surprising given that his reported base wage, at €3m according to Business Book GP, is substantially lower than either Vettel (€12m) or Webber (€10m) – although Raikkonen is understood to be on a substantial performance bonus, which is what hit Lotus hardest last season.

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8/07/2013 07:35:00 p.m. No comments

Finland's Kimi Raikkonen was crowned the Formula One world champion while driving for Ferrari in 2007.

STORY HIGHLIGHTS Kimi Raikkonen says he can win the world champions with Lotus The Finn was crowned drivers' champion with Ferrari in 2007 Raikkonen finished 2012 in third position, behind Sebastian Vettel and Fernando Alonso His current deal with Lotus expires at the end of the season

Although he managed to finish third last season, the Finn was still a whopping 74 points behind world champion Sebastian Vettel, but former world champion Raikkonen remains confident that Lotus can challenge the sport's elite in the coming season.

"It's clear from working with them that they are racers, and you can see in their history that they've won championships," the Iceman said.

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2/03/2013 08:02:00 p.m. No comments

The Lotus Renault F1 team became the first team to reveal their 2013 challenger, the E21 on January 28th . The team launched their car to a live audience via YouTube and on Sky Sports as well.

The new car looks pretty similar to the 2012 car in various aspects. For one, the team has not opted to go for the optional “vanity panel” on the nose and hence, the platypus nose is seen on the E21 as well. The team has also gone for a secretive approach, with bland front and rear wings. We should be seeing the launch spec wings when the car debuts for testing in Jerez.

Lotus drivers Kimi Raikkonen and Romain Grosjean unveiled the car to viewers and both drivers exuded optimism. Kimi in particular stated that the car had what it takes to be a world championship contender. This should come as no surprise as the E20 was one of the fastest cars on the grid with excellent race pace. It was strong on almost all tracks and its major strength was to look after it’s tyres during the race. This ability to look after the tyres better than other cars will play a crucial factor this year as well with Pirelli intending to provide tyre compounds to “spice up” the racing.

Technical director James Allison was also positive about the E21′s capabilities:

Depending on where you look, some parts of the new car are a ground-up redesign and in other areas we have further optimized the best bits of the design philosophy we’ve adopted for several seasons. The front and rear suspension layouts are substantially revised to try and give us better aerodynamic opportunities.
He was less candid about the changes that were done on the car:

We’ve done a lot. There is a lot gone into it and it is going to be an exciting car. The rules for 2013 are very, very similar to 2012 so you can expect a lot of family resemblance from the 2012 car, but the devil is in the detail and it adds up to a significant amount of performance

How big is that jump in performance going to be?  Lotus have not revealed all their cards and it’s too early to predict how fast they are going to be.

This week, there are other launches to look forward too as well. Mclaren are launching their car on Thursday, followed by both Force India and Ferrari on Friday. Sauber and Red Bull will launch their cars on Saturday and Sunday respectively, while Mercedes and Toro Rosso will unveil their 2013 challengers on Monday.

The F1 circus is starting to come alive for the 2013 season and its only a matter of time before we are in the thick of the action. More to come!

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1/20/2013 07:40:00 p.m. No comments
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Kimi-Matias Räikkönen born 17 October 1979) is a Finnish racing driver. After nine seasons racing in Formula One, in which he won the 2007 Formula One World Drivers' Championship, he competed in the World Rally Championship in 2010 and 2011. In 2012, he returned to Formula One, driving for Lotus and continued to drive for Lotus in 2013. On September 11, 2013, Ferrari announced their signing of Räikkönen on a two year contract, beginning in the 2014 season.

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