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Lopez: We are moving in the right direction
Reports doing the rounds in the Singapore paddock and among international correspondents suggest the buyout deal between Renault and Lotus is finally now done. RMC claims the deal could be announced in one week, ahead of the Japanese grand prix at Suzuka. Major publications including Auto Motor und Sport and Bild refer to the existence now of a letter of intent, in the name of both Renault CEO Carlos Ghosn and Lotus owner Gerard Lopez. Renault F1 chief Cyril Abiteboul, however, said the document is 'not' definitive confirmation of the buyout, and does not include details such as monetary values. Many, however, believe the only missing piece now is the green light by Bernie Ecclestone,...
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11y ago from GrandPrix247.com
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