>


Advertisement
Hot News
for your iPhone
for your iPad
Go to our forums to discuss this news
DATE News (chronologically)
12/23/10
f1
Stick a fork in Team Lotus, it's done
The family of the late Lotus founder Colin Chapman sided with Malaysian-owned sportscar maker Group Lotus in a row over use of the marque in Formula One.

Clive Chapman, whose father's cars won races and championships in the 1960s, '70s and '80s, spoke out in a statement against plans by Malaysian entrepreneur Tony Fernandes to revive the illustrious Team Lotus name next season.

"During 2010, the Chapman Family, as and when appropriate, made it clear to those involved that it would prefer that the Team Lotus name should not be used in Formula One," he said.

"Indeed, assurances to this effect were received."

Fernandes entered Formula One this year with Lotus Racing, a new team competing with a license from Lotus Group and their owners Proton as well as the public blessing of the Chapman family.

Proton subsequently terminated the license and Lotus Group have entered into a long-term partnership with the Renault team, which will be renamed Lotus Renault GP next year.

Fernandes meanwhile, bought the rights to the Team Lotus name from David Hunt, brother of the late world champion James, and has renamed his outfit - who are also powered by Renault engines and based in eastern England.

The dispute has triggered several legal actions.

Clive Chapman, who had lent Fernandes the black cap his father used to throw in the air when his team won a race, said his family had supported Lotus Racing only while the team had the support of the carmaker.

"The Chapman Family was impressed by the achievements of Lotus Racing as a new team, and appreciated its respect for Team Lotus history. However, then its license to use the Lotus name was terminated and things changed," he said.

Chapman said his family looked forward to giving continued support to Group Lotus as "the ongoing Lotus entity created by Colin and Hazel Chapman". Yahoo Sports/Eurosport

Hot News Archives
2000 2001 2002 2003
2004200520062007
2008200920102011
2012201320142015

Search Hot News
Search Help