Settelment of Lotus dispute on November 19?

On Nov 19 we could see a settlement in dispute of Lotus brand as Tony Fernandes’ team wanting to keep its name but the separate Group Lotus looking to enter F1 with a Renault collaboration next year, as they reportedly have bought 25 per cent shares in Renault.
It is expected that Proton-owned Group Lotus is scheduling to have an official announcement of F1 project for 2011, this week.
“What we don’t want to be involved in is destroying the Lotus name,” Fernandes’s quoted to Reuters. Thus it seems to be that this matter will not become a messy court battle.


Leave a comment

Filed under F1 Articles

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s