News Details

Lotus takeover set to drag on

 XPB Images Renault's planned buyout of Lotus may still be a few months away according to the Enstone's squad deputy team principal Frederico Gastaldi. Renault recently signed a letter of intent signaling a buyout in principal of Lotus, but while the French manufacturer referred to an impending deal which was weeks away it now looks like a final agreement will not materialize until December. Speaking to Danish newspaper BT, Gastaldi has offered some insight into the current proceedings which appear far from finalized. "It's not just our decision," Gastaldi said. "The whole acquisition process is a long one and will probably run into to December. I doubt any...
Full Story »
11y ago from F1i.com 0
Share

You May Also Be Interested In...

Lotus F1 takeover unlikely until December – Gastaldi

Lotus F1 takeover unlikely until December – Gastaldi Posted On 14...
11y ago from ThisIsF1.com

Lotus: 'Tasty' driver options

The Lotus team hope Renault's impending takeover means the "tasty...
11y ago from SkySports.com

Struggling Lotus now locked out at Sochi

Lotus' travelling Formula 1 staff are once again locked out of the team's...
11y ago from GrandPrix247.com

F1 warned of crisis at both ends of the grid

Formula 1 needs to wake up to the dangers it is facing at both ends of the...
11y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ed Carpenter Racing invests in DIL simulator

Ed Carpenter Racing has announced that it will purchase and implement a...

Popular On TotalWRC.com

Popular On GunnersToday.com

'They are not like a Barcelona' - Steve McManaman says...

Former Liverpool midfielder Steve McManaman says he feels sorry for...
49m ago from SportsKeeda.com

Not Kroupi – Arsenal rival Man United for...

Arsenal are reportedly eyeing up another potential transfer raid on...
2h ago from CaughtOffside.com

When Hull and Geovanni STUNNED Arsenal at the Emirates!

Ahead of Hull's visit to Arsenal on Saturday, take a look back when the...
2h ago from SkySports.com

Episode 899 – Another away win

Welcome to another episode of the Arsecast – the original Arsenal...
5h ago from Arseblog.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.