The Lotus Formula One team appointed Federico Gastaldi as deputy principal with immediate effect at the season-opening Australian Grand Prix on Friday.
Lotus are confident Kimi Raikkonen will race in the last two grands prix of the season after investors in the F1 team promised to more than compensate the driver for unpaid wages.
The Malaysian-backed Lotus Formula One team are poised to switch to Renault engines for 2011 after agreeing a termination of their current deal with Cosworth.
Lotus will have to be patient to become successful in Formula One, driver Jarno Trulli said on Friday as the team unveiled their new car.
Lotus Formula One chief Tony Fernandes has ruled out investing in an English football club in the near future following his failed attempt to buy West Ham United last month.
The new Malaysian-backed Lotus Formula One team will make an announcement on Monday about their 2010 drivers, principal Tony Fernandes said on Friday.
Day in Pics: 21st October
Showbiz World - October 21, 2014
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