Motorsport Week
  • Formula 1
    • 2025 Formula 1 Calendar
    • 2025 Formula 1 Standings
  • Formula E
    • 2025 Formula E Calendar
    • 2025 Formula E Standings
  • IndyCar
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WRC
    • 2025 WRC Standings
    • 2025 WRC Calendar
  • MotoGP
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
  • WEC
    • 2025 WEC Calendar
  • IMSA
    • 2025 IMSA Calendar
  • World SBK
  • More
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
    • Technical Insight
    • Galleries
    • About/Contact
    • Privacy Policy
No Result
View All Result
  • Formula 1
    • 2025 Formula 1 Calendar
    • 2025 Formula 1 Standings
  • Formula E
    • 2025 Formula E Calendar
    • 2025 Formula E Standings
  • IndyCar
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WRC
    • 2025 WRC Standings
    • 2025 WRC Calendar
  • MotoGP
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
  • WEC
    • 2025 WEC Calendar
  • IMSA
    • 2025 IMSA Calendar
  • World SBK
  • More
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
    • Technical Insight
    • Galleries
    • About/Contact
    • Privacy Policy
No Result
View All Result
Motorsport Week

Renault set to complete Lotus takeover next week

by
10 years ago
A A
0
Share on FacebookShare on Twitter

Renault are set to complete a takeover of the Lotus outfit next week, Autosport reports, returning the French manufacturer to ‘works team’ status.

The company, which currently supplies Red Bull and Toro Rosso with engines, has been considering its future in Formula 1 since the beginning of the year.

It had weighed up three options; to quit F1, continue as an engine supplier, or return to team ownership.

However it’s believed Renault has finally agreed to take a majority stake in Lotus – the team it formally owned – following months of negotiation.

RelatedPosts

Max Verstappen has downplayed comments Sergio Perez made

Max Verstappen addresses Sergio Perez remark on contentious 2022 F1 incidents

51 minutes ago
Christian Horner (GBR) Red Bull Racing Team Principal with Dr Helmut Marko (AUT) Red Bull Motorsport Consultant. 28.02.2025. Formula 1 Testing, Sakhir, Bahrain, Day Three

The Christian Horner comments that ‘surprised’ Helmut Marko weeks before Red Bull sacking

2 hours ago

Autosport cites sources which have confirmed Renault will take a 65 per cent stake in the team, in return for ten annual payments of £7.5 million ($11.5m), valuing the team at £115m ($177m).

Four-time world champion and Renault ambassador Alain Prost – who is expected to be heavily involved in the team – will take a 10 per cent stake, leaving current owner Gerard Lopez, through his investment company Genii, with the remaining 25 per cent.

It’s believed final contracts will be signed off on Monday and a deal could be announced later that week.

Whilst Renault’s ownership takes hold from 2016, it’s believed they are yet undecided on how to approach next season due to current contractual obligations with Red Bull.

The Milton Keynes based team has priority status, meaning it would sit above Renault’s own team, therefore one option would be for Lotus to continue using Mercedes engines until 2017, when Red Bull’s contract expires.

Alternatively, Renault could help Red Bull and its sister team Toro Rosso to find alternative power units, allowing it to focus on its own project, similart to McLaren and Honda.

Share197Tweet123Share

Related Posts

Max Verstappen has downplayed comments Sergio Perez made
Formula 1

Max Verstappen addresses Sergio Perez remark on contentious 2022 F1 incidents

51 minutes ago
Christian Horner (GBR) Red Bull Racing Team Principal with Dr Helmut Marko (AUT) Red Bull Motorsport Consultant. 28.02.2025. Formula 1 Testing, Sakhir, Bahrain, Day Three
Formula 1

The Christian Horner comments that ‘surprised’ Helmut Marko weeks before Red Bull sacking

2 hours ago
‘Spike the Dragon #99 AO Racing Oreca wins after late race drama at CTMP
IMSA

‘Spike the Dragon #99 AO Racing Oreca wins after late race drama at CTMP

10 hours ago
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You can manage the subscriptions of this post.

Latest News

Max Verstappen has downplayed comments Sergio Perez made

Max Verstappen addresses Sergio Perez remark on contentious 2022 F1 incidents

July 14, 2025
Christian Horner (GBR) Red Bull Racing Team Principal with Dr Helmut Marko (AUT) Red Bull Motorsport Consultant. 28.02.2025. Formula 1 Testing, Sakhir, Bahrain, Day Three

The Christian Horner comments that ‘surprised’ Helmut Marko weeks before Red Bull sacking

July 14, 2025
‘Spike the Dragon #99 AO Racing Oreca wins after late race drama at CTMP

‘Spike the Dragon #99 AO Racing Oreca wins after late race drama at CTMP

July 13, 2025
Motorsport Week

© 2024 Motorsport Media Services Ltd

Other Links

  • About & Contact
  • Privacy Policy
  • Motorsport Monday

Follow Us

No Result
View All Result
  • Login
  • Sign Up
  • Home
  • Formula 1
    • Latest News
    • 2025 F1 Calendar
    • 2025 F1 Championship Standings
  • Formula E
    • Latest News
    • 2025 FE Calendar
    • 2025 FE Championship Standings
  • MotoGP
    • Latest News
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
    • World Superbikes
  • WRC
    • Latest News
    • 2025 WRC Calendar
    • 2025 WRC Standings
  • IndyCar
    • Latest News
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WEC
    • Latest News
    • 2025 WEC Calendar
  • Live Updates
  • Other
    • IMSA
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
  • Galleries
  • About/Contact
  • Privacy Policy

© 2024 Motorsport Media Services Ltd