News Details

Lotus insists it isn't for sale amid takeover talk

The Lotus F1 Team isn't for sale according to CEO Matthew Carter, following speculation it is being lined up for a potential takeover by Renault. The French engine manufacturer is evaluating its future in the sport and is yet to decide between pulling out completely, or increasing its presence through a customer team. If it were to choose the latter, Toro Rosso and Lotus are the likely targets for a takeover. Whilst the former is open to a takeover, Lotus isn't, with Carter insisting the team isn't for sale, despite reports it is struggling financially. "I know that Renault are evaluating their role within F1 at the moment," he said. "I think they are, from a fairly high...
Full Story »
Share

You May Also Be Interested In...

Lotus F1 team not for sale says CEO

The Lotus Formula One team is not for sale despite lingering speculation...
11y ago from GrandPrix247.com

Lotus not for sale

Amidst speculation it could be bought by Renault, Lotus CEO Matthew...
11y ago from Pitpass.com

Toro Rosso plays down Renault team takeover

Toro Rosso chief Franz Tost has played down the chances of a team takeover...
11y ago from GrandPrix.com

Lotus F1 not for sale

Lotus F1 insist that the speculation surrounding Renault's future in...
11y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

‘A World Champion cannot do a mistake like that'...

Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...
19h ago from MotorsportWeek.c...

MotoGP confirms Aragon to remain on calendar for 2027...

MotoGP has announced that Motorland Aragon will host a race in 2027,...
15h ago from MotorsportWeek.c...

MotoGP's expected departures leave WorldSBK's 2027...

As MotoGP's 2027 rider line-ups near completion, multiple expected...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Watch: Arsenal's Declan Rice fires England ahead vs...

Arsenal captain Declan Rice has given England an early lead against Costa...
7h ago from CaughtOffside.com

Man United and Arsenal tracking teenage sensation with...

Manchester United and Arsenal are interested in signing the Bayer...
9h ago from CaughtOffside.com

Arsenal cast as ‘only option' for star La Liga...

Atletico Madrid have made it clear that they will not give up Julian...
11h ago from CaughtOffside.com

Arsenal explore move for rising superstar with 21 goal...

Arsenal are looking to sign the Juventus attacker Kenan Yildiz during the...
12h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.