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Nick Chester: 'Lotus expect better in 2015'

Lotus are expecting a more competitive 2015, according to technical boss Nick Chester.

Lotus technical director Nick Chester has insisted that his team are in a good position to compete at the front of the Formula 1 grid in 2015.

The Oxfordshire-based outfit have endured a miserable campaign, picking up just eight points in 14 races this season amid fevered speculation that the constructor may struggle to stay afloat financially.

However, Chester has suggested that on-track and off-track fortunes may both be about to change for Lotus.

He was quoted by NBC Sports as saying: "As has been reported, we are due to post much reduced losses as a company very shortly. The immediate future looks very bright and everyone is pushing extra hard to prepare for 2015.

"It will be quite different. There are rule changes to the front of the chassis and the nose, so all the cars will look different next year.

"On top of that, our engine installation and cooling layout will change quite a lot meaning that the car will be significantly different under the bodywork."

Lotus finished fourth in the 2013 constructors' championship.

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Heikki Kovalainen of Finland and Caterham arrives in the paddock before the final practice session prior to qualifying for the Belgian Grand Prix at Circuit de Spa-Francorchamps on August 24, 2013
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