We all knew that the battle between Group Lotus, PLC, and Tony Fernandez had been resolved, but here is the official press release for your enjoyment. JOINT PRESS RELEASE Group Lotus Plc and PROTON Holdings Berhad 1Malaysia Racing Team, Caterham Cars and Tony Fernandes Proton, 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. The terms…Read More
Tag: Team Lotus
F1 – Will the Real Lotus Please Stand Up
Well, its now official. The rumors had been out there for a while, and we even tried to make some sort of sense of them back a few weeks ago on our podcast. Group Lotus has purchased, with the assistance of Genii Capital, a share in the Renault F1 team. During the 2011 season, the team will be known as Lotus Renault GP and will sport the black and gold livery that Mr. Fernandez’s Lotus F1 Racing had previously announced that its team would be using. The partnership between Lotus…Read More
OpEd – Will the real Lotus please stand up?
Group Lotus, Team Lotus, Lotus Racing, Lotus Motorsports, Lotus Cars, Lotus Engineering… we have a whole field of Lotus and its downright confusing to us fans! To add to the confusion Group Lotus is suing Lotus Racing over the rights to use the name Team Lotus. …er? what? Yeah, that’s how I felt at first to. It would be simpler if one group was the production car wing of the larger parent company and the other group the motorsports wing. However, that’s not exactly how it is. Group Lotus has…Read More