Team Lotus announced yesterday that it has closed a deal with General Electric as a “premium partner” of the F1 team and it’s worth taking a closer look at this deal which will put sponsorship money into the team, offer technological support and potentially provide an interesting media platform in the USA and elsewhere. GE has worked with Team Lotus team principal Tony Fernandes’ Air Asia business in the past and this is one of those deals which had been pending, waiting for an outcome in the nine month legal battle with Malaysian government backed Group Lotus. The judge in More…
Here is a video with Part 2 of the FOTA Fans Forum in Montreal, featuring F1 drivers Heikki Kovalainen and Nico Hulkenberg as well as Team Lotus chief technical officer Mike Gascoyne discussing the stewards’ decisions on overtakes, collisions and “racing incidents” this year and also explaining to fans why F1 changes technical rules mid season, such as the blown diffuser, part of which looks set to be banned from Silverstone onwards.
Tony Fernandes says that following the judgement delivered last Friday on the Lotus vs Team Lotus row, he has no need to change his chassis name, as his rivals claim. The judge in the High Court ruled that Team Lotus, owned by Fernandes’ consortium, had the right to race in F1, and that their rights came with the logo and the goodwill. However he also ruled that they are not to use the name “Lotus” on its own. Rivals from the Group Lotus-sponsored Renault team, claim that this means Fernandes will not be able to continue to use Lotus as More…
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