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Writer's picturePaklong RS

Bahar: Renault F1 deal cost one third of what Tony asked


From Paultan

When news broke that Group Lotus was buying into the Renault F1 Team, one of the more popular questions was why couldn’t they just invest in Tony Fernandes’ Team Lotus. Wouldn’t that have solved the issue of a Lotus vs Lotus battle on next year’s Formula 1 grid and in the courts? Group Lotus CEO Dany Bahar shed some light on the matter at a media lunch in London.

Apparently, there were such moves, but the other side made it too difficult, and too costly for Group Lotus. “A question that has come up many times was why did you not find an amicable solution with Tony Fernandes? Well we tried,” he said. Continue reading…

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