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Renault confirms take over of Lotus
Lotus F1 Team Renault has formally confirmed its purchase of the Lotus squad, paving the way for its return as a full works team in 2016. Renault operated the Enstone outfit between 2002 and 2009, after which it was owned by Genii Capital, which changed the name of the team to Lotus prior to 2012. Renault has remained in the sport as an engine supplier to several teams and having signed a letter of intent in September, will now return to the squad which finished sixth in the 2015 standings. "Renault had two options: to come back at 100 percent or leave," said Renault CEO Carlos Ghosn. "After a detailed study, I have decided that Renault will be in Formula 1, starting 2016....
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9y ago from F1Zone.net
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