Lotus assures that it “is not for sale”

Lotus F1 Team chief executive Matthew Carter has reiterated his team is not for sale in response to speculation of a takeover by Renault.

Published on 15/05/2015 à 11:22

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Lotus assures that it “is not for sale”

Lotus F1 Team is still not for sale. This was announced by Matthew Carter during a press conference held in London. The executive director of Lotus F1 Team responded to rumors suggesting a takeover of the structure ofenstone by Renault. Le Losange would consider relaunching a team to leave its status as an engine manufacturer and benefit from better visibility.

" I know that Renault is currently studying his position in F1 », recognized Matthew Carter, quoted by the Reuters agency. “They have to be at a level in my opinion where they have to decide whether they just do engines, whether they leave the sport or whether they form a team. My shareholders have said quite specifically that the team is not for sale. »

The positions of each party could evolve if the creation ofcustomer stables was to be confirmed.

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