user icon
user icon

Lotus F1 Team to sell to 'Malaysian' - rumour

  • Published on 29 Oct 2012 12:15
  • comments 0
  • By: Rob Veenstra
There are paddock rumours that F1 team Lotus' owner Genii may soon be sold. The 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.

And Group Lotus, no longer a sponsor of the Genii-owned Lotus team but still lending its name to the F1 squad, is owned by Malaysia's Proton and DRB-Hicom. Also having heard the rumours in India, British Sky television commentator Martin Brundle mentioned the carmaker Proton as a possible buyer for Lotus F1.

But a team spokesman was quoted by skiddmark.com: "Yes, they (Genii) have been looking for minority investors like other teams, and they were close to doing a deal recently, however the deal could not be found in the end." He insisted that Proton "has never been in the loop". (GMM)

Replies (0)

Login to reply

BE Grand Prix of Belgium

Local time 

BE Grand Prix of Belgium

Local time 

Related news

Test calendar

Circuit de Catalunya - Winter testing

Circuit de Catalunya - Winter testing

See full test schedule

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

World Championship standings 2020

Show full world champion standings

Team profile

Show full profile

Formula 1 Calendar - 2020

Date
Grand Prix
Circuit
-
Spain
-
Spain
3 - Jul 5
Austria
10 - Jul 12
Austria
17 - Jul 19
Hungary
31 - Aug 2
United Kingdom
7 - Aug 9
United Kingdom
14 - Aug 16
Spain
28 - Aug 30
Belgium
4 - Sep 6
Italy
11 - Sep 13
Italy
25 - Sep 27
Russian
9 - Oct 11
Germany
13 - Nov 15
Turkey
26 - Nov 29
Bahrain
10 - Dec 13
United Arab Emirates
See full schedule

Formula 1 Calendar - 2020

Date
Grand Prix & Circuit
3 - Jul 5
Austria Red Bull Ring
10 - Jul 12
Austria Red Bull Ring
17 - Jul 19
Hungary Hungaroring
31 - Aug 2
United Kingdom Silverstone
7 - Aug 9
United Kingdom Silverstone
14 - Aug 16
28 - Aug 30
4 - Sep 6
Italy Monza
11 - Sep 13
Italy Mugello
25 - Sep 27
Russian Sochi Autodrom
9 - Oct 11
Germany Nurburgring
13 - Nov 15
Turkey Istanbul Park
26 - Nov 29
10 - Dec 13
United Arab Emirates Yas Marina Circuit
See full schedule
show sidebar