Riad Asmat, who was one of the founders of Tony Fernandes’ version of Team Lotus, has been promoted to a CEO role in a move which brings the recently acquired Caterham Cars operation and the GP2 team all under one umbrella. Asmat will be in charge of anything to do with automotive and engineering. Formerly he was CEO of just the F1 team. “In F1 the goal remains the same,” said Asmat. “Grow over the long-term and achieve our goals in realistic timeframes. Next year we need to take another step up and we have the building blocks in place More…
It is said that “tradition is an experiment which worked’. This evening on Facebook there is an experiment taking place which will be eagerly watched by sponsors, rights holders and broadcasters and, if it works, could have a significant role to play in the way F1 media is consumed in the future. Budweiser, the sponsor of the FA Cup competition, is streaming the opening round of the FA Cup live tonight at 7-45pm on its Facebook page, taking the content live and direct to its consumers. It expects around 100,000 of Facebook’s 700 million audience to watch and may show More…
By their own admission Team Lotus is not where it expected to be at this stage, which was fighting with the slowest of the midfield teams; in Budapest the car was three tenths slower than Buemi’s Toro Rosso and half a second slower than Maldonado’s Williams. Although the car was two seconds per lap faster in Budapest than Virgin or HRT, it remains perilously close at the foot of the championship table with Trulli’s two 13th place finishes keeping the team in the lucrative 10th place, ahead of HRT with one 13th place. One topsy turvy race could turn that More…
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