Renault have sold their 25% share in the F1 team to Proton.
Proton will now spend Euro30 million a year for the privelege of promoting the Lotus brand. Tony Fernandes has stated he does not intend to have two Lotus named cars in F1. I have to assume we will now have an Air Asia /Tunes / Naza named car on the grid.
Tony now owns the Team Lotus name.
I'd be happy to use the Team Lotus name in relation to my MUM proposal.
Base it in Johor. MUM could quite happily co-exist with both Tony and Proton as an independent educational entity.
I will be at the ASLI automotive conference in a couple of weeks. I'll punt the idea around there.
This years conference will have a Motorsport portion.
It would be nice if Alex Yoong and Tengku Djan could attend.
Alex works with Tony Fernandes.
Djan is head of Proton Motorsport
I'm sure that Proton will send some big hitters, I'm not sure about Group Lotus (Dany Bahar) or Tony Fernandes.
Tun Mahathir is a keynote speaker...
Resolve Lotus issue amicably, urges Mahathir
It should be interesting in any event!