News Details

Renault set to complete Lotus takeover next week

Renault are set to complete a takeover of the Lotus outfit next week, Autosport reports, returning the French manufacturer to 'works team' status. The company, which currently supplies Red Bull and Toro Rosso with engines, has been considering its future in Formula 1 since the beginning of the year. It had weighed up three options; to quit F1, continue as an engine supplier, or return to team ownership. However it's believed Renault has finally agreed to take a majority stake in Lotus - the team it formally owned - following months of negotiation. Autosport cites sources which have confirmed Renault will take a 65 per cent stake in the team, in return for ten annual payments of...
Full Story »
Share

You May Also Be Interested In...

Renault looking to buy Force India F1 Team

Renault looking to buy Force India F1 Team Posted On 23 Aug 2015 By :...
10y ago from ThisIsF1.com

Verstappen and Sainz set to stay with Toro Rosso

Toro Rosso looks set to keep an unchanged driver lineup beyond the 2015...
10y ago from GrandPrix247.com

Toro Rosso set to retain Verstappen and Sainz for 2016

Toro Rosso set to retain Verstappen and Sainz for 2016 Posted On 23 Aug...
10y ago from ThisIsF1.com

Toro Rosso remembers 'true racer' Wilson

– Toro Rosso has paid tribute to Justin Wilson, who raced for the...
10y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Can Aprilia dethrone Ducati in the 2026 MotoGP title...

The conclusion of the 2025 MotoGP season saw an unprecedented level of...
23h ago from MotorsportWeek.c...

Aprilia Racing presents 2026 MotoGP livery

Aprilia Racing kicked off 2026 by unveiling its newest MotoGP livery in...

Popular On IndyCarToday.com

Long Beach to bring in new leadership for iconic event

Organizers of the annual Grand Prix of Long Beach event have announced...
18h ago from MotorsportWeek.c...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...
20h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Just In: Man City make progress to sign Arsenal and...

Manchester City have taken a major step forward in their pursuit of...
1h ago from CaughtOffside.com

Arsenal prepare mega contract for Spaniard as club is...

Arsenal are preparing to offer Mikel Arteta a new contract running until...
1h ago from CaughtOffside.com

Chelsea rival Arsenal & Man Utd for 30m wonderkid...

Chelsea are ready to rival the likes of Arsenal and Manchester United for...
1h ago from CaughtOffside.com

Insider confirms Arsenal are ready to target summer...

Arsenal are preparing an audacious summer move for Newcastle United winger...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.