News Details

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...
Full Story »
10y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Renault CEO Carlos Ghosn all but confirms Red Bull...

Renault CEO Carlos Ghosn all but confirms Red Bull split Posted On 15 Sep...
10y ago from ThisIsF1.com

Renault to end F1 engine supplier role

Renault chairman and CEO Carlos Ghosn says it will stop supplying engines...
10y ago from Crash.net

Renault confirms Red Bull split is nigh

Renault's days as an engine supplier in F1 are 'over' with chairman...
10y ago from PlanetF1.com

Ghosn: Renault will either exit or run our own team

Renault CEO Carlos Ghosn on Tuesday all but confirmed speculation the...
10y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Joan Mir reflects on ‘long, tiring journey' to...

Joan Mir and Honda celebrated their first MotoGP podium finish together...
14h ago from MotorsportWeek.c...

Pedro Acosta: Marc Marquez 2025 title ‘the...

Pedro Acosta believes Marc Marquez's 2025 MotoGP title triumph is the...

Popular On IndyCarToday.com

Mick Schumacher set for IndyCar test with RLL

Rahal Letterman Lanigan Racing has announced that it will bring in Mick...

Andretti hires ex-Penske director Ron Ruzewski as...

Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...

Popular On TotalWRC.com

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

Report: Man United favourites to land £80m-plus...

Manchester United are interested in signing the Juventus attacker Kenan...
6h ago from CaughtOffside.com

Saliba says Arsenal have to ‘prove we are ready to...

t;li>Defender confirms new five-year deal at club‘My choice is to...
7h ago from TheGuardian.com

Official: Arsenal confirm William Saliba has signed a...

Arsenal have officially confirmed that star defender William Saliba has...
14h ago from CaughtOffside.com

Report: Arsenal have held talks with representatives...

Arsenal are interested in signing the Real Madrid attacker Arda Guler, and...
7h ago from CaughtOffside.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.