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Lotus says Renault deal not vital for survival
Lotus insists that its future in Formula 1 is secure, even if Renault does not give final approval to a takeover deal of the outfit. Renault's senior management is set to make an imminent decision on whether or not to push on with plans to resurrect its works effort through buying a majority stake in Lotus. Until that decision is made, Lotus is in a financial holding pattern, with its current owners holding back on investment in the outfit until it knows what the future is. More options Recent issues with Pirelli's late payment in Hungary and the bailiffs in Belgium has left some questioning whether or not the team will be able to see out the campaign, but its bosses are convinced it is...
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10y ago from Motorsport.com
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