Tag Archive: Group Lotus

Jul 07

Kolles denies Caterham owner speculation

Caterham is the latest hotbed of formula one rumours.

IMG_2344Because the true identity of the team’s new owners has not been disclosed, plenty of speculation is flying around.

Read the rest of this entry »

Oct 28

Lotus team to sell to ‘Malaysian’ – rumour

There are paddock rumours that F1 team Lotus’ owner Genii may soon be sold.

05 - Lotus F1 Team2012-10-14 - Lotus F1 Team - Korea - Kimi Raikkonen 01The German language Speed Week said it has heard that the likely buyer is from Malaysia. In 2010 and 2011, Malaysian entrepreneur Tony Fernandes’ Caterham team was called Lotus, until a resolution was found to the F1 naming dispute with Group Lotus. Read the rest of this entry »

Jul 07

Genii, the private equity fund that owns the Lotus team, is looking into investing EUR 500 million in the world of football

Lotus owner Genii to spend big on football

2012-06-10_1378Eric Lux - Genii CapitalTeam owners Gerard Lopez and Eric Lux are eyeing five second-tier European clubs as well as a dozen player agencies, academies and media rights companies, the Financial Times reports.

Read the rest of this entry »

Jun 18

Bahar to sue Lotus owner over sacking – report

Dany Bahar, the sacked boss of former Lotus F1 Team sponsor Group Lotus, has reportedly decided to sue the struggling sports car maker.

Toyota - Lotus - Dany Bahar - Akio ToyodaLotus logo 2011-12-13The Turkish born Swiss was dismissed at the end of an investigation by Lotus’ owner DRB-Hicom into Bahar’s conduct. That was amid rumours Bahar used Lotus funds to extensively refurbish his several houses. The Swiss newspaper Bilanz reports that Bahar is filing a suit in London’s High Court for wrongful termination.

Read the rest of this entry »

Jun 10

Bad news chasing Lotus team at present

There is little good news to report about the Lotus F1 team at present.

Lotus logo 2011-12-13Toyota - Lotus - Dany Bahar - Akio ToyodaThe UK financial website thisismoney.co.uk reports that the Enstone based team has recorded a $32 million pre-tax loss for last year.

Read the rest of this entry »

Apr 26

F1 owner Genii considers buying Group Lotus

Rumours that F1 team owner Genii is contemplating buying the Group Lotus sports car company are continuing to gain steam.

2011-02-03 - Genii Business Exchange 2Group Lotus plcThat is despite Genii’s Gerard Lopez confirming recently that the Enstone based team has ended its sponsorship deal with the carmaker, even though the team will continue to carry the Lotus name. Read the rest of this entry »

Apr 12

Proton has rights to buy into Lotus team

Proton, the Malaysian carmaker, has an option to buy 10 per cent of the F1 team that bears the name of its sports car marque Lotus.

Proton2012-02-05 - Lotus F1 Team - Launch 03Rumours about Group Lotus’ health ramped up this week after it emerged that its title sponsorship of the Genii-owned Lotus team has been “terminated”. Group Lotus responded angrily to the subsequent speculation, albeit admitting it is grappling with “problems”. Read the rest of this entry »

Apr 10

Lotus to keep F1 name until at least 2017

F1′s Enstone based team will keep the ‘Lotus’ name until at least 2017.

2012-03-24 - Lotus F1 Team - Malaysian Grand Prix - Kimi Raikkonen 002012-03-24 - Lotus F1 Team - Malaysian Grand Prix - Kimi Raikkonen 01It emerged late last week that the sponsorship agreement between the team formerly known as Renault, and the Proton-owned carmaker Group Lotus, has ended. Read the rest of this entry »

Apr 06

Group Lotus no longer Lotus team sponsor

Group Lotus will no longer sponsor the formula one team that bears its name.

2012-03-14 - Lotus F1 Team - 03Lotus LogoBut – as F1′s perpetually bizarre ‘Lotus’ saga takes another twist – the Enstone based team, formerly Renault, will continue to be known as Lotus in the coming years. Read the rest of this entry »

Feb 07

Sauber’s Key headed for Le Mans with Lotus

Sauber’s departing technical boss James Key appears headed for Lotus.

2010-04-17 - BMW Sauber F1 Team - James Key 0205 - Lotus F1 TeamOn the eve of its 2012 car launch, the Swiss team announced that it will not replace the departing Briton Key, who has accepted an offer to work in the UK. Read the rest of this entry »

Jan 31

Lotus will power Lola LMP2 coupe for the 2012 FIA World Endurance Championship

Lotus take on LMP2
Kodewa and Lotus choose Lola LMP technology for 2012

Lotus Lola LMP2 Group Lotus plcCompeting under the team name Lotus with a Lotus engine housed in a brand new Lola LMP2 coupe the team will contend the 2012 FIA WEC which kicks off in Sebring on March 17th. The team of Kodewa, which is running the programme, comprises of experts with a vast pedigree in not only endurance racing but also F1, DTM and lower formulas.

Read the rest of this entry »

Jan 27

Raikkonen puts rally hobby on hold for Lotus

Kimi Raikkonen has admitted he will sideline his rallying hobby now that he has returned to formula one full-time.

Kimi Raikkonen test Peugeot2012-01-23 - Lotus F1 Team - Kimi Raikkonen 04F1′s 2007 world champion moved to world rallying two years ago after losing his Ferrari seat. In the meantime, Lotus (formerly Renault) struggled last season in the wake of lead driver Robert Kubica’s horror injuries sustained in a minor Italian rally.

Read the rest of this entry »

Jan 10

Lotus ART will have a new name

With the colours that  brought glory to the  auto brand, Black and Gold.
Lotus GP Logo
GP3 - Lotus ART - Valtteri BottasLotus  ART  will  have  a  new  name,  but  the  identity  and  values  of  the  team  remain  the same. Starting in 2012, and for the upcoming seasons, the team led by Frédéric Vasseur and Nicolas Todt will continue its commitment in the GP2 and GP3 Series championships under  the name  Lotus,  with the colours that  brought glory to the  auto brand, Black and Gold.
Read the rest of this entry »

Dec 12

Lotus to give Raikkonen time to shake off rust

“He has maybe taken two years, but we have the time for Kimi as well.”

2011-11-29 - Lotus Renault GP - Kimi Raikkonen2011-11-29 - Lotus Renault GP - Kimi Raikkonen (4)Although Dany Bahar has admitted signing Kimi Raikkonen involves Lotus spending “a big amount of money”, he expects the 2007 world champion to be a bit rusty initially.

Read the rest of this entry »

Nov 09

Caterham to keep green and yellow Lotus livery

Group Lotus Plc and PROTON Holdings Berhad, 1Malaysia Racing Team, Caterham Cars and Tony Fernandes

2011-10-29 - Team Lotus - India - 022011-08-28 - Team Lotus - Belgium - 01Proton, Group Lotus, 1Malaysia Racing Team and its owner Tony Fernandes are delighted to announce that the legal dispute in the English Courts relating to the “LOTUS” and “TEAM LOTUS” brands has now ended amicably with the parties agreeing settlement terms earlier this month.

Read the rest of this entry »

Older posts «


Switch to our mobile site