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No Renault/Lotus announcement until next week
Many had expected Renault to announce its deal to takeover the Lotus F1 Team in Abu Dhabi this weekend, but the French manufacturer says no announcement about its F1 future will be made until next week. The company is currently negotiating what commercial rights income it is entitled to as a manufacturer team, with Renault pushing for a larger some than was originally offered. On Friday in the Abu Dhabi paddock, Bernie Ecclestone and CVC's Donald Mackenzie met with Renault's vice president of sales and marketing Jerome Stoll to continue talks. It's not clear what the outcome of the meeting was, but Renault has warned that it might not push ahead with its works team plan if a...
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