The International Automobile Federation (FIA) has confirmed that three Formula One teams – Team Lotus, Renault and Virgin Racing – will be changing their names come the 2012 season.
Posts Tagged ‘tony fernandes’
Team Lotus and Renault Sport Extend Partnership & New KERS Supply |
Team Lotus and Renault Sport F1 have confirmed that their existing engine deal is to be extended for a further year to the end of 2013 and the end of the V8 engine formula, with the aim to continue working together when the new engine regulations come into force.
Tony Fernandes Wants Quick Settlement |
Team Lotus owner Tony Fernandes believes it is time for everybody involved in the naming-rights row to “grow up” and let the courts determine the outcome.
Fernandes Presses Ahead with ‘Team Lotus’ |
Tony Fernandes is pressing ahead with plans to rebrand his F1 team ‘Team Lotus’ despite his legal battle with Group Lotus. The two parties are currently locked in a fight of who has the rights to use the Lotus name with Fernandes insisting he bought the rights to ‘Team Lotus’ from previous owner David Hunt.
Richard Branson Loses F1 Bet, To Dress As Air Asia Stewardess |
Two men had made a bet at the start of the season in March that the loser must serve as a “stewardess” on the winner’s airline. And the stakes don’t get any higher than that in Formula One.