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Lotus F1 CEO confident of Renault takeover

Lotus Formula 1 CEO Matthew Carter remains confident Renault will complete its eagerly anticipated takeover of the F1 team. The Enstone operation has been engaged in talks with the French manufacturer, which confirmed its intention to take over the outfit in September. Discussions between Lotus and Renault have continued since although a deal is yet to be concluded. However, it has been reported that Renault staff have already started working at the team. While the process has been lengthy, Carter says ‘confidence is very high’ surrounding the prospective takeover. “Renault issued a letter of intent, so behind the scenes the Renault and Lotus senior management are working flat...
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