F1: Patrick Louis steps down from Lotus F1

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CEO of the team, Patrick Louis resigned from his day-to-day role at Lotus.

Previously Chief Operating Officer, the French shouldered Eric Boullier since 2012, including financial matters.

Matthew Carter is promoted new CEO of Lotus. He's a trusted person of the minority shareholder Andrew Ruhan.

Patrick Louis should retain a position on the Lotus team board.

Lotus E21. (Photo: René Fagnan)