News Details
Renault edges closer to Lotus takeover
Lotus F1 Team Renault has edged closer to a full-scale Formula 1 return after signing a letter of intent to claim a controlling stake in the Lotus team. Renault has been heavily linked to a takeover of the Enstone-based squad and has now confirmed that is working on a return ahead of the 2016 campaign. "Renault Group and Gravity Motorsports S.a.r.l., an affiliate of Genii Capital SA, are pleased to announce the signature of a Letter of Intent regarding the potential acquisition by Renault of a controlling stake in Lotus F1 Team Ltd," read a statement. "The signature of this Letter of Intent marks Renault’s first step towards the project of a Renault Formula 1 team from the...
Full Story »
Full Story »
9y ago from F1Zone.net
0
You May Also Be Interested In...
Breaking News: Done deal as Renault buy Lotus
Renault Group and Gravity Motorsports S.a.r.l., an affiliate of Genii...
9y ago from GrandPrix247.com
Renault announces 'letter of intent' ahead of Lotus...
Renault has announced it has signed a letter of intent to buy a...
9y ago from Crash.net
Renault signs agreement for Lotus F1 purchase
Renault has signed a letter of intent to buy a controlling stake in the...
9y ago from SpeedCafe.com
Renault answers Lotus' call with buyout
The will they or won't they buy Lotus saga is coming to an end with...
9y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP bans 2027-spec bike tests until conclusion of...
No description available...
6h ago from Motorsport.com
Marc Marquez cruises to MotoGP Sprint victory at Jerez
Ducati’s Marc Marquez cantered to a record-equalling fifth consecutive...
1d ago from MotorsportWeek.c...
Pedro Acosta still ‘focused' on KTM amid Honda...
Pedro Acosta's manager Albert Valera has provided an update regarding his...
1d ago from MotorsportWeek.c...
MotoGP teams agree on new rule for riders returning...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Arrow McLaren extends partnership with RJ Reynolds
Arrow McLaren announced on Tuesday that it has extended its Primary...
1h ago from MotorsportWeek.c...
Scott McLaughlin on Alex Palou's supreme form:...
No description available...
10h ago from Motorsport.com
The game-changing decision that put Christian...
No description available...
1d ago from Motorsport.com
Christian Lundgaard ‘could not have dreamed’ of...
Christian Lundgaard has logged a sensational trio of races, and has...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Portugal set to feature record-equaling WRC...
No description available...
5d ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
1w ago from MotorsportWeek.c...
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arteta: Arsenal are here to make history against PSG
Mikel Arteta says Arsenal are ready to do something exceptional and start...
1h ago from SkySports.com
Arsenal latest: Rice says Arsenal have 'no fear'...
No description available...
1h ago from SkySports.com
Man United handed transfer boost as Bryan Mbeumo 'is...
Christian Norgaard admits that Brentford teammate Bryan Mbeumo is 'likely'...
5h ago from SportsMole.co.uk
PSG vs. Arsenal: Mikel Arteta told 'the only way'...
Arsenal and Mikel Arteta are told the 'only way' they will beat Paris...
5h ago from SportsMole.co.uk
Comments
Hottest News
Alpine team principal Oakes resigns
Alpine have announced team principal Oliver Oakes... Read More »
3h ago from SkySports.com
McLaren chief confirms Max Verstappen F1 signing talks
McLaren CEO Zak Brown has confirmed he engaged in... Read More »
3h ago from GPFans.com
Lewis Hamilton's dream marriage heads for crisis as Italian...
Lewis Hamilton’s dream marriage with Ferrari... Read More »
2h ago from GPFans.com
