Showing posts with label Japanese Gp. Show all posts
Showing posts with label Japanese Gp. Show all posts

26 September 2015

Formula 1: Renault Close To Buying Lotus

Renault's buy-out of Lotus is close to being sealed, the team's chief executive officer Matthew Carter says.

Renault have been in talks to buy Lotus for several months and the team's financial position has become precarious as time has dragged on without a deal.

Carter said: "Things are looking very positive. There is going to be a press release from Renault next week."