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Renault's Lotus takeover deal still faces hurdles
Renault F1 chief Cyril Abiteboul and Lotus owner Gerard Lopez have both admitted that there remains plenty of work to do before a team takeover is finalised. Negotiations between the French car manufacturer and the Enstone outfit about buying into the team to resurrect a works Renault outfit are at a very advanced stage. However, the deal still needs final approval from Renault chairman Carlos Ghosn, who wants certain guarantees regarding commercial income from Formula 1 supremo Bernie Ecclestone. Without the extra finance to recognise Renault's contribution to F1, the project will go no further, so that now appears key to breaking the deadlock. Read Also: Analysis: The intricacies of...
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9y ago from Motorsport.com
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