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...
10y ago from GrandPrix247.com

Lotus not for sale

Amidst speculation it could be bought by Renault, Lotus CEO Matthew...
10y 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...
10y ago from GrandPrix.com

Lotus F1 not for sale

Lotus F1 insist that the speculation surrounding Renault's future in...
10y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Strongest season yet for Pato O’Ward has been...

Pato O’Ward is having the best IndyCar season of his career, and is...
17h ago from MotorsportWeek.c...

McLaren to auction future F1, IndyCar and WEC cars in...

McLaren is to auction future F1, IndyCar and World Endurance Championship...

Chip Ganassi: ‘We’re spoiled’ having drivers...

Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Real Madrid Transfer News Roundup: Los Blancos tipped...

Real Madrid are preparing for their LaLiga season opener against Osasuna...
2h ago from SportsKeeda.com

Situation ‘one to watch' as rivals plot late...

Arsenal attacker Leandro Trossard has been linked with a move away from...
11h ago from CaughtOffside.com

Crystal Palace interested in 25-year-old Arsenal star...

Crystal Palace are reportedly interested in signing Arsenal star Jakob...
17h ago from SportsKeeda.com

'I haven't fulfilled my dreams here yet' | Bruno's...

Manchester United captain Bruno Fernandes discusses leadership groups,...
19h ago from SkySports.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.