Lotus is set to drop its passive drag reduction system for the rest of the Belgian Grand Prix weekend because of a lack of dry running on Friday.The team had planned to run the device, which is designed to redirect airflow to stall the rear wing at high speed and...

Lotus Formula 1 team chairman Gerard Lopez has rejected media reports that his team is in financial trouble.Lopez, co-owner of Genii Capital, which bought the then-Renault squad in late 2009, believes that the nature of the team's $160 million debt has been misunderstood. He also denied suggestions that staff had...