Tag Archive: Proton

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 »

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 »

May 04

Fernandes rues lack of Malaysian support

Tony Fernandes has admitted he would have liked corporate Malaysia to have backed his formula one team.

Tony Fernandes 2011-12-132012-04-15 - Team Caterham - Chinese Grand Prix 01The Malaysian entrepreneur founded a UK based start-up team in 2010, calling it Team Lotus before a bitter spat developed with the Lotus name’s owner Proton. 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 »

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 »

Nov 03

Kopecky gets new co-driver for IRC finale

PROTON’s IRC ace PG Andersson has been making headlines in Sweden

PRi - IMAGE DOWNLOADPRi - IMAGE DOWNLOADJan Kopecky will start the Intercontinental Rally Challenge title decider in Cyprus this evening (Thursday) without his usual co-driver by his side.

Read the rest of this entry »

Oct 13

Proton denies selling Lotus to Renault owner Genii

Group Lotus owner Proton has denied the British sports car maker is being sold to formula one team owner Genii.

Proton2011-02-03 - Genii Business Exchange 2Last week, Lotus boss Dany Bahar failed to quell speculation that Genii, the Gerard Lopez-led owner of the Enstone based Renault team, is poised to take over its title sponsor Lotus.

Read the rest of this entry »

Aug 26

Team Lotus to be ‘Caterham Team AirAsia’ in 2012 – report

Tony Fernandes’ formula one team will probably be renamed ‘Caterham Team AirAsia’ ahead of the 2012 season.

2011-07-30 - Team Lotus - Hungary - Heikki Kovalainen 012011-07-24 - Team Lotus - GermanyAnd Turun Sanomat correspondent Heikki Kulta also reports that, as the long naming dispute with Proton’s Group Lotus comes to an end, the Lotus logo will be removed from the green T128 cars with almost immediate effect.

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Jun 06

Renault hits back at rumours of financial problems

Renault is hitting back at reports of financial problems.

Renault logo
The rumours emerged during the Monaco grand prix and the Enstone based team’s boss Eric Boullier hinted they might have been started by his predecessor Flavio Briatore, who was making an appearance in the Principality. Read the rest of this entry »

May 26

Local heroes set for Prime Yalta Rally

IRC round 4

IRC - Intercontinental Rally ChallengePRi - IMAGE DOWNLOADMore than 50 crews are set to start next week’s Prime Yalta Rally, round four of the Intercontinental Rally Challenge, including one of Ukraine’s most famous rallying partnerships. Read the rest of this entry »

Apr 28

Subaru announces Impreza R4 IRC bid

Danish ace Martin Knudsen is targeting an IRC bid with PROTON

PRi - IMAGE DOWNLOADPRi - IMAGE DOWNLOADSubaru will enter a brace of Impreza WRX STIs, conforming to the new R4 technical regulations, on selected rounds of this year’s Intercontinental Rally Challenge for respected Japanese drivers Toshi Arai and Fumio Nutahara. Read the rest of this entry »

Apr 10

Genii Capital and Proton strengthen relationship

Both parties have agreed to collaborate in order to actively support Proton’s international expansion.

Genii Business Exchange logoProtonGenii 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. Read the rest of this entry »

Apr 08

IRC: Rally Islas Canarias El Corte Ingles preview

Intercontinental Rally Challenge, round 2 of 12

PRi - IMAGE DOWNLOADPRi - IMAGE DOWNLOADThe waiting is over. Less than three months since Rallye Monte-Carlo hosted the thrilling start to Intercontinental Rally Challenge season five, the all-action series resumes with Rally Islas Canarias El Corte Ingles next week (14-16 April). Read the rest of this entry »

Apr 07

Exciting entry for Rally Islas Canarias

Subaru driver Jose L Barrios will be in action on Rally Islas Canarias

PRi - IMAGE DOWNLOADPRi - IMAGE DOWNLOADA total of 76 cars are set to contest Rally Islas Canarias El Corte Ingles, which takes place on the island of Gran Canaria from 14-16 April. Thirty-five crews have entered the main Intercontinental Rally Challenge event with a further 41 competitors registered for the national-level rally, which counts as a round of the Spanish championship. Read the rest of this entry »

Mar 01

‘F1 foray’ named as Lotus owner slumps

More of the same in the future

ProtonLotus LogoProton, the owner of Renault’s new title sponsor Group Lotus, has recorded big losses and a slumping share price, according to reports in the Malaysian press. Read the rest of this entry »

Feb 18

Fernandes asking up to $60m to end dispute – Proton

 Group Lotus has entered F1 as the title sponsor of the Renault team

2010-07-11 - Lotus F1 Racing - Tony Fernandes10 - Team LotusGroup Lotus owner Proton remains open to settling the Lotus naming dispute out of court, but rules out caving in to Tony Fernandes’ current financial demands. Read the rest of this entry »

Feb 04

Fernandes turned down $10m Lotus settlement offer

“It’s petty,” – Fernandes

2010-07-11 - Lotus F1 Racing - Tony Fernandes2011-02-02 - Valencia - Team Lotus 0007Tony Fernandes has revealed for the first time that Group Lotus has offered to settle the F1 naming dispute out of court. The parties are fighting over Fernandes’ right to use the ‘Team Lotus’ name he bought from David Hunt for his Hingham based team in 2011. Read the rest of this entry »

Jan 31

Sticky: Team Lotus unveils 2011 car

New Lotus called T128, not TL11
Team Lotus confirms no KERS for 2011 car

Our 2011 Challenger - the T128The Team Lotus 2011 challenger T128 was launched on Monday 31st January exclusively in Team Lotus Notes. The special launch edition of the team’s magazine has a number of first-see images of the 2011 car and insights from key players within Team Lotus into the design and build process of the new car, including people from the Aero, R&D and Vehicle Dynamics, Design and Senior Management Teams. Read the rest of this entry »

Jan 24

Lawyer doubts Lotus name dispute to end soon

A specialist lawyer has played down hopes the Lotus naming dispute might be settled this week.

Lotus Renault GP logoA short time ago on Monday afternoon, the initial hearings kicked off inside London’s High Court. A lawyer for Group Lotus will summarise the Proton-owned marque’s application for a summary judgement against Team Lotus’ right to use the ‘Lotus’ name for its team. Read the rest of this entry »

Jan 20

Fauzy could make F1 race debut in 2011 – report

Renault is not ruling out a grand prix debut this year for its new reserve driver Fairuz Fauzy.

2010-07-24 - Lotus F1 Racing - Fairuz Fauzy 02Lotus Renault GP logoThe Malaysian, who has switched with the Group Lotus-owning carmaker Proton from Team Lotus for 2011, appeared on the Friday morning at a few grands prix last year. Read the rest of this entry »

Jan 19

Genii, not Group Lotus, owns Renault team – Boullier

Boullier revealed that while the R31 car will debut at Valencia next month

Lotus Renault GP logo2010-05-30 - Lotus F1 Racing - Fayruz Fauzy 01Eric Boullier has moved to clarify reports about the ownership structure of the Enstone based F1 team called Renault. Read the rest of this entry »

Jan 18

Fairuz Fauzy joins Lotus Renault GP for 2011‏

Lotus Renault GP is pleased to announce Fairuz Fauzy as a reserve driver for the 2011 season.

2010-05-30 - Lotus F1 Racing - Fayruz Fauzy 01Lotus Renault GP logoThe 28-year-old Malaysian joins the team with a wealth of motor sport experience, including significant Formula 1 mileage gained during practice sessions in 2010. He has also raced regularly in the GP2 Series, A1GP, and the World Series by Renault, where he finished as championship runner-up in 2009. Read the rest of this entry »

Jan 17

Bahar thinks Lotus dispute to be solved soon

“I don’t think it will be a matter solved by English courts”

Toyota - Lotus - Dany Bahar - Akio ToyodaLotus LogoDany Bahar is still sure the Lotus branding debacle in formula one will not see the inside of the London High Court. After his outfit’s official Lotus Racing license was revoked, Tony Fernandes bought the ‘Team Lotus’ name just as Group Lotus was launching plans to enter F1 in 2011. Read the rest of this entry »

Dec 17

Fernandes denies demanding too much for Lotus deal

 “We are pragmatic” – Fernandes

Lotus Logo2010-04-17 - Lotus F1 Racing - Tony Fernandes 01As the Lotus dispute rages on, Tony Fernandes has hit back at Dany Bahar’s claim that the parties did not unite in F1 due to his “ridiculous and absurd” demands. Read the rest of this entry »

Dec 16

Group Lotus not ruling out own F1 engine in future

CEO Dany Bahar has not ruled out Group Lotus building an engine to power its new formula one foray.

Lotus LogoToyota - Lotus - Dany Bahar - Akio ToyodaThe Proton-owned manufacturer has teamed up initially as title sponsor with some equity in the Renault F1 team, but is not hiding grander ambitions for the future. Bahar met in London for a media dinner on Wednesday, where he confirmed that Group Lotus has “plans underway” to consider whether to build its own engines for its sports cars as well as an engine for Indycar in 2012. Read the rest of this entry »

Dec 10

Renault risks new disrepute charge over Lotus deal – Hunt (updated)

Renault team boss Eric Boullier also hailed the deal.
Boullier staying Renault team boss – Bahar

Renault F1 Team2010-12-08 - Renault-LotusGroup Lotus’ move into formula one risks damaging the historic brand and bringing the sport into disrepute. That is the charge of David Hunt, the brother of 1976 world champion James Hunt who held the rights to the ‘Team Lotus’ name for years until recently selling it to Tony Fernandes’ outfit. Read the rest of this entry »

Dec 09

Group Lotus eyes bigger Renault slice in future

CEO Dany Bahar has indicated Group Lotus might eventually buy more of the Renault F1 team.

Lotus LogoRenault F1 TeamLotus has bought into the Enstone based team’s majority owner Genii Capital, and reports on Thursday suggested the deal might become a complete takeover within time. Read the rest of this entry »

Dec 09

Lotus name dispute heading to court – Asmat

Asmat indicated he doubts Group Lotus completely controls the ‘Lotus’ brand.

Lotus LogoTeam Lotus on Thursday seemed resigned to the naming dispute with new F1 competitor Group Lotus proceeding to court. Earlier, it was thought possible Tony Fernandes’ Malaysian team would simply adopt an all-new name for 2011 due to Group Lotus withdrawing its official license and deciding to enter F1 in partnership with Renault. Read the rest of this entry »

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