Bernie Ecclestone has now appointed a Daimler executive
F1 team Lotus has reportedly sold a $1.5 million stake to a British property investor.
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Tag Archive: Genii Capital
May 13
Lotus sells team stake, Mercedes on F1 board
Dec 09
Romain Grosjean to race alongside Kimi Räikkönen in 2012
Lotus confirms Grosjean as Raikkonen’s teammate
Lotus Renault GP and TOTAL are delighted to announce that Romain Grosjean will race alongside 2007 world champion Kimi Räikkönen next season. The two companies are also pleased to confirm that they have renewed their sponsorship agreement for another year.
Dec 06
Owner hints all change for 2012 Lotus lineup
“It’s not just a question of Vitaly or Bruno”
Team owner Gerard Lopez has confirmed reports Lotus could change its driver lineup completely ahead of the 2012 season. Already signed up for next year is Kimi Raikkonen, amid reports 2011 drivers Bruno Senna and Vitaly Petrov are the main contenders to be the famous Finn’s teammate.
Nov 29
Kimi Räikkönen back in F1 with LRGP in 2012
Renault/Lotus team signs Raikkonen for F1 return
Lotus Renault GP is pleased to announce that Kimi Räikkönen will race for the team next season. The 2007 World Champion, who left Formula 1 at the end of 2009 to pursue a career in rallying, has decided to make a comeback at the pinnacle of single-seater racing. He has now signed a two-year agreement with Lotus Renault GP.
Sep 05
Ecclestone ‘tempted’ to buy Renault team in 2009
Bernie Ecclestone has revealed he was “very tempted” to buy Renault’s formula one team when the French carmaker pulled out as an owner.
Actually, the Enstone based team was bought by its current owners Genii Capital, but there are reports of financial trouble and rumours a group involving David Richards might step up to take over.
Aug 18
Renault owner Lopez ‘expected more’ from Heidfeld
Renault team owner Gerard Lopez has admitted he is disappointed with Nick Heidfeld.
“We expected more from him,” the Genii Capital chief is quoted as saying by Brazil’s Globo Esporte. German veteran Heidfeld, 34, was signed by the Enstone based team at short notice this year to replace injured regular Robert Kubica.
May 29
Manager denies Kubica won’t return in 2011
Morelli said there is “no concern” that Kubica will not recover eventually
Robert Kubica’s manager has hit out at Gerard Lopez’s claim that the injured Pole will definitely not return to formula one in 2011. Lopez, head of the Renault team’s owner Genii Capital, told Spanish radio last week that while the 26-year-old definitely will not race this year, he might appear in a Friday practice session.
May 20
Lux wanted Sutil to skip grands prix – report
“We know nothing about it; there was no ultimatum” – Zimmermann
Eric Lux offered to settle the Adrian Sutil affair but the Force India driver broke the ultimatum, according to a German newspaper. The Frankfurter Allgemeine Zeitung said Lux, the chief executive of Renault team owner Genii Capital, now intends to pursue the 28-year-old in Germany, Switzerland (where Sutil lives) and England (where his team is based).
Apr 16
Renault much more open than BMW-Sauber – Heidfeld
Renault is a more open team to work with than was BMW-Sauber, Nick Heidfeld has admitted.
The German, who has replaced the injured Robert Kubica this year, was paired with the Pole for several years at BMW-Sauber before the carmaker pulled out in 2009. “Renault is extremely open,” the 33-year-old, referring to the Lotus-sponsored team owned by Genii Capital, said in an interview with Frankfurter Allgemeine Zeitung.
Apr 10
Genii Capital and Proton strengthen relationship
Both parties have agreed to collaborate in order to actively support Proton’s international expansion.
Genii Capital and Proton strengthen successful relationship Proton -the owner of Lotus Cars- and Genii Capital -the owner of Lotus Renault GP-, are pleased to announce a new strategic synergy. This announcement is the result of a project led by Genii Business Exchange, the business platform created by Genii Capital in order to transform the global exposure derived from the Formula 1 World Championship into unique opportunities.
Jan 31
Lotus dispute about ‘money’ – Lopez
The Lotus naming dispute is simply about money, Renault team owner Gerard Lopez said on Monday.
He was speaking at Valencia, where the newly Lotus-sponsored Renault revealed its 2011 car, mere hours after the entirely separate Team Lotus launched another car that will also carry the evocative brand name this season.
