Lotus team to sell to 'Malaysian'

1,771 views

There are paddock rumours that F1 team Lotus' owner Genii may soon be sold.

The German language Speed Week said it has heard that the likely buyer is from Malaysia.

In 2010 and 2011, Malaysian entrepreneur Tony Fernandes' Caterham team was called Lotus, until a resolution was found to the F1 naming dispute with Group Lotus.

And Group Lotus, no longer a sponsor of the Genii-owned Lotus team but still lending its name to the F1 squad, is owned by Malaysia's Proton and DRB-Hicom.

Romain Grosjean, Lotus F1
Romain Grosjean, Lotus F1

Photo by: xpb.cc

Also having heard the rumours in India, British Sky television commentator Martin Brundle mentioned the carmaker Proton as a possible buyer for Lotus F1.

But a team spokesman was quoted by skiddmark.com: "Yes, they (Genii) have been looking for minority investors like other teams, and they were close to doing a deal recently, however the deal could not be found in the end."

He insisted that Proton "has never been in the loop".

Write a comment
Show comments
About this article
Series F1
Article type Rumor
Tags brundle, caterham, f1, fernandes, genii, germany, gmm, lotus, malaysia, renault

User photos

EuroRacer
F1

EuroRacer

27 photos
darkcloud154
F1

darkcloud154

22 photos
Renato Marques
F1

Renato Marques

5 photos
devilwoman
F1

devilwoman

1 photos
stirlingf18
F1

stirlingf18

1 photos
erikjunius
F1

erikjunius

37 photos
SurdinP
F1

SurdinP

1 photos
Upload photo