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Lopez set to stay on, Renault deal pretty much there
Gerard Lopez says the protracted sale of Lotus to Renault is 'pretty much there', adding that he will have a role in the newly rebranded team when it is confirmed. Though talks between the two parties has now dragged on for several months, with little progress being made public since Renault signed a 'letter of intent' to purchase the team in September, it is expected a deal will be confirmed in Abu Dhabi. Indeed, while Renault has remained relatively tight-lipped on the deal, Lotus' chief executive Matthew Carter and chairman Lopez – whose Genii Capital group has a controlling stake in the team – have expressed their confidence in recent weeks that a contract is now in place. "I...
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