Fernandes: F1 future looks bright

To Lotus F1 Racing boss Tony Fernandes, the future of F1 looks brighter than ever. Talking with journalists at the Lotus launch, Fernandes described a market in Asia that F1 has only just begun to scratch. Admitting that the majority of revenue for the sport derives from European locations, support and attendance Fernandes [...]

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Tony Fernandes: LotusF1 owner, Williams sponsor, and now MotoGP race sponsor

In a bit of crossover from the pinnacle of auto racing to the pinnacle of motorcycle racing, MotoGP commercial rights holder Dorna, though its CEO Carmelo Ezpeleta, announced that AirAsia is the title sponsor for the MotoGP 2010 British GP.  AirAsia is also a sponsor for the Williams F1 team, and is owned by Tony [...]

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Lotus F1 Racing signs deal with CTRM for R&D

1Malaysia Racing Team Sdn Bhd (1MRT), the parent company of Lotus F1 Racing team, today signed a Memorandum of Understanding (MoU) with Composites Technology Research Malaysia (CTRM) for the latter to undertake research and development (R&D) that includes for the manufacturing of components for the Lotus F1 cars.

CTRM is a government linked company specialising in [...]

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Op-Ed: Todt’s ‘friends’ (another FIA legacy begins)

Jean Todt’s election as FIA president is perhaps no large surprise to many as he was outgoing president Max Mosley’s endorsed candidate. The head of the FIA Foundation was allegedly shilling for Todt on company resources and time and Mosley was said to have sent threatening letters to member clubs insisting they support Todt.

No [...]

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Team Lotus takes BMW’s spot for 2010 F1 grid

A Malaysian group will take the final grid slot for the 2010 season, effectively replacing BMW, under the name Teal Lotus. The new team is funded by the Malaysian government and a group of Malaysian entrepreneurs who have secured the name Lotus to use as their moniker. The team will be based in [...]

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