by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
GP Week : Issue 142
F1 NEWS >> Team Lotus name to disappear again AFTeR a naming row that dragged on for the best part of a year, the Team Lotus name will once again disappear from the Formula One paddock. In 2011, the outfit run by Malaysian businessman Tony Fernandes raced under the Team Lotus name, while car manufacturers Group Lotus ran cars called Renaults. Both parties felt they had a claim to the name, and the matter was heard by the British High Court before the season began. But there was no satisfactory solution, and F1 fans were left facing a bizarre situation in which two competing teams both laid claim to the Lotus name. In a joint statement published last week by Group Lotus CEO Dany Bahar and Riad Asmat, CEO of Team Lotus, the two parties announced that the Team Lotus name had been sold to Group Lotus. “ The terms of the settlement are confidential but the deal sees the “LOTUS” brand reunited under the sole ownership of Group Lotus. This includes the rights to the “LOTUS” and “TEAM LOTUS” names in Formula 1 motor racing,” the statement read. “On behalf of Group Lotus and Proton I would like to express how pleased we are that this matter is finally closed and we can now focus on looking forward to the future,” Bahar said. “ We understand that this has been a very difficult and confusing time for the fans of the sport and the Lotus brand so we are glad to have reached a clear resolution on this important matter – I would like to take this opportunity to thank our fans for their continued support, it means everything to us.” The F1 Commission recently granted Renault, the race team part-owned by Group Lotus, the right to rename their chassis ‘Lotus’ for the 2012 season, but there is currently no suggestion that they will adopt the Team Lotus moniker. Indeed, the family of Colin Chapman have stated that they were always against the resurrection of the Team Lotus name. It was this that caused the rift between the Chapmans and Tony Fernandes, while they continue to enjoy a close relationship with Group Lotus. F1 teams and drivers have banded together to support British charity group Tree of hope as it works to raise funds for young Brit cerebral palsy sufferer ‘Seb’ to undergo a Selective Dorsal Rhizotomy (SDR) operation, to improve the use of his legs. A charity auction on eBay over next two weeks is set to contribute to the fund, with many F1 teams and drivers contributing signed memorabilia. CLICK HERE to check out the ebay auction at: http://www.ebay.co.uk/sch/daisy-doodles123/m.html?_ nkw=&_armrs=1&_from=&_ipg=&_ trksid=p3686 For more information on Seb, CLICK HERE, to go to: http://www.sdr4seb.co.uk/ F1 gets together to help Seb