November 6, 2010
Lotus Cars rumored to buy Renault F1
It has been suggested that careful reading of Team Lotus and Renault F1 press releases reveals the result of the confusing Team Lotus vs Lotus Cars (Proton) naming dispute will be a new name for the current Team Lotus, possibly 1Malaysian Racing, and a new owner for Renault F1.
Renault would still provide engines to Tony Fernandes' team but would see its remaining 25% stake in the current F1 team to Lotus Cars. The new team would be called Lotus-Renault and appropriate the traditional green and yellow livery revived by the Air Asia boss.
More super ambitious plans for the Dany Bahar led company after their deluge of planned new road car products announced at the Paris auto show. A good exit strategy for Renault which would get to keep the profitable part of the gig, engine supplier to Red Bull, Lotus and "1Malaysia Racing" while getting fully out of the headache part.
(Via Massimo Costa/autosprint)
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