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Lotus ‘very confident' of Renault takeover
Lotus CEO Matthew Carter says he remains 'very confident' the Renault takeover deal will happen, as negotiations continue. Renault signed a letter of intent to acquire a majority stake in Lotus F1 in September but the agreement has yet to be formally completed and announced. 'Renault issued a letter of intent, so behind the scenes the Renault and Lotus senior management are working flat out to make sure that we get the deal done,' Carter said in an interview with the official Formula 1 website. 'Things are progressing, but these things take time. I am confident that the deal is going to happen, but as I said, it needs time to get it across. 'We know that in business anything can happen and...
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10y ago from RichlandF1.com
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