F1 2014

Lopez ousts Boullier

In a move that has stunned Formula One observers, Genii founding member Gerard Lopez has announced he is taking over the role of Team Principal at financially beleagured team Lotus with immediate effect – ousting long-time position holder Eric Boullier.

Lopez, who has no prior motorsport experience, could have made the announcement as a result of a career move by the Frenchman, with suspicion mounting that he may be announced as McLaren’s Team Principal next month.

Lopez said:

“Great things have been achieved over the past years and we need to continue this momentum. We thank Eric for all his hard work over the past four years and we are confident we can continue to fight as one of the top teams in Formula 1 over the seasons ahead.”

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