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Offline Jeremy RUK  
#1 Posted : 28 September 2015 07:32:47(UTC)
Jeremy


Posts: 7,618

Renault Group and Gravity Motorsports S.a.r.l., an affiliate of Genii Capital SA, are pleased to announce the signature of a Letter of Intent regarding the potential acquisition by Renault of a controlling stake in Lotus F1 Team Ltd.

The signature of this Letter of Intent marks Renault’s first step towards the project of a Renault Formula 1 team from the 2016 racing season thereby extending 38 years of commitment of the brand to world’s premier motorsport championship series.

Renault Group and Gravity will work together in the coming weeks to eventually turn this initial undertaking into a definitive transaction provided all terms and conditions are met between them and other interested parties.

Edited by user 09 November 2016 19:09:34(UTC)  | Reason: Not specified

Offline John_walker74  
#2 Posted : 28 September 2015 07:56:04(UTC)
John_walker74


Posts: 857
Location: Buckingham

Awesome. Let's hope that Renault can get the engine sorted out and stick two fingers up to Red Bull!
Offline g7egt  
#3 Posted : 28 September 2015 08:51:41(UTC)
g7egt


Posts: 1,501
Location: MK land of excessive tyre wear

Originally Posted by: Jeremy RUK Go to Quoted Post
Renault Group and Gravity Motorsports S.a.r.l., an affiliate of Genii Capital SA, are pleased to announce the signature of a Letter of Intent regarding the potential acquisition by Renault of a controlling stake in Lotus F1 Team Ltd.

The signature of this Letter of Intent marks Renault’s first step towards the project of a Renault Formula 1 team from the 2016 racing season thereby extending 38 years of commitment of the brand to world’s premier motorsport championship series.

Renault Group and Gravity will work together in the coming weeks to eventually turn this initial undertaking into a definitive transaction provided all terms and conditions are met between them and other interested parties.


At last
Offline Roblynn1977  
#4 Posted : 28 September 2015 08:57:09(UTC)
Roblynn1977


Posts: 5,629
Location: www.renaultsportclub.co.uk

Great news just found this on Facebook
http://www.renaultsportf...and-Gravity.html?lang=fr
Offline GordiniGR  
#5 Posted : 28 September 2015 09:00:08(UTC)
GordiniGR


Posts: 47

That's good news!
Offline RED21  
#6 Posted : 28 September 2015 12:50:40(UTC)
RED21


Posts: 809
Location: New Forest

Now it has been officially announced, the next hot topic will be the colour scheme & livery of the team as it was the last time 😃
Offline fastdave  
#7 Posted : 28 September 2015 14:15:58(UTC)
fastdave


Posts: 1,310
Location: Marchwood

Will it be Lotus-Renault or just Renault?

Very good news for the employees maybe not for Maldanado.
Offline Jeremy RUK  
#8 Posted : 28 September 2015 14:41:01(UTC)
Jeremy


Posts: 7,618

Originally Posted by: fastdave Go to Quoted Post
Will it be Lotus-Renault or just Renault?

Very good news for the employees maybe not for Maldanado.


Renault

Offline Georgeski  
#9 Posted : 28 September 2015 15:21:43(UTC)
Georgeski


Posts: 4,372

Shame - I really like the lotus livery
Offline Marc_250  
#10 Posted : 28 September 2015 17:52:55(UTC)
Marc_250


Posts: 5,007

Hope it all comes together. Lotus not been able use their hospitality unit was a bit of a joke, sky (I think) said it was over 29 grand, which you would think Bernie or a rival team would have just paid for them!

F1 journo providing a bit more info suggesting if it all pans out Renault F1 will have a budget of $250 million next year which should be enough to cover the Maldonado repairs and run a decent team.

https://joesaward.wordpr.../28/notebook-from-japan/
Offline g7egt  
#11 Posted : 28 September 2015 18:04:58(UTC)
g7egt


Posts: 1,501
Location: MK land of excessive tyre wear

Originally Posted by: Georgeski Go to Quoted Post
Shame - I really like the lotus livery


It was a bit naff, lotus should have done it themselves. There was zero identity with what the road cars do and the team.
Offline Georgeski  
#12 Posted : 28 September 2015 18:50:00(UTC)
Georgeski


Posts: 4,372

Originally Posted by: g7egt Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Shame - I really like the lotus livery


It was a bit naff, lotus should have done it themselves. There was zero identity with what the road cars do and the team.


Black and gold is one of the all time great colour combos in a livery. It is not naff.
Offline foxspeed  
#13 Posted : 28 September 2015 19:33:12(UTC)
foxspeed


Posts: 21,557
Location: retour dans la bulle

excellent news Cool

here to the new livery of what it will look like...

will it be Renault Mercedes f1 Blush
Offline foxspeed  
#14 Posted : 28 September 2015 19:34:16(UTC)
foxspeed


Posts: 21,557
Location: retour dans la bulle

Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: g7egt Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Shame - I really like the lotus livery


It was a bit naff, lotus should have done it themselves. There was zero identity with what the road cars do and the team.


Black and gold is one of the all time great colour combos in a livery. It is not naff.


it is indeed jps or for those that don't know john player special ie fags Tongue
Offline Georgeski  
#15 Posted : 28 September 2015 19:46:27(UTC)
Georgeski


Posts: 4,372

Originally Posted by: foxspeed Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: g7egt Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Shame - I really like the lotus livery


It was a bit naff, lotus should have done it themselves. There was zero identity with what the road cars do and the team.


Black and gold is one of the all time great colour combos in a livery. It is not naff.


it is indeed jps or for those that don't know john player special ie fags Tongue


Jps looked great on both cars and Norton bikes.
Offline Marc_250  
#16 Posted : 28 September 2015 19:55:48(UTC)
Marc_250


Posts: 5,007

Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: foxspeed Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: g7egt Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Shame - I really like the lotus livery


It was a bit naff, lotus should have done it themselves. There was zero identity with what the road cars do and the team.


Black and gold is one of the all time great colour combos in a livery. It is not naff.


it is indeed jps or for those that don't know john player special ie fags Tongue


Jps looked great on both cars and Norton bikes.


The original JPS livery is a classic. Shame cigarette advertising was banned, brought in loads of £s in sponsorship and produced some great livery's.
Offline Georgeski  
#17 Posted : 28 September 2015 20:23:23(UTC)
Georgeski


Posts: 4,372

Originally Posted by: Marc_250 Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: foxspeed Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: g7egt Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Shame - I really like the lotus livery


It was a bit naff, lotus should have done it themselves. There was zero identity with what the road cars do and the team.


Black and gold is one of the all time great colour combos in a livery. It is not naff.


it is indeed jps or for those that don't know john player special ie fags Tongue


Jps looked great on both cars and Norton bikes.


The original JPS livery is a classic. Shame cigarette advertising was banned, brought in loads of £s in sponsorship and produced some great livery's.


Rothmans, Camel, Silk Cut and alcohol too with Martini

Offline foxspeed  
#18 Posted : 28 September 2015 20:29:27(UTC)
foxspeed


Posts: 21,557
Location: retour dans la bulle

Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: foxspeed Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: g7egt Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Shame - I really like the lotus livery


It was a bit naff, lotus should have done it themselves. There was zero identity with what the road cars do and the team.


Black and gold is one of the all time great colour combos in a livery. It is not naff.


it is indeed jps or for those that don't know john player special ie fags Tongue


Jps looked great on both cars and Norton bikes.


ah yes of course forgot about those Blush
Offline foxspeed  
#19 Posted : 28 September 2015 20:30:29(UTC)
foxspeed


Posts: 21,557
Location: retour dans la bulle

Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: Marc_250 Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: foxspeed Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: g7egt Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Shame - I really like the lotus livery


It was a bit naff, lotus should have done it themselves. There was zero identity with what the road cars do and the team.


Black and gold is one of the all time great colour combos in a livery. It is not naff.


it is indeed jps or for those that don't know john player special ie fags Tongue


Jps looked great on both cars and Norton bikes.


The original JPS livery is a classic. Shame cigarette advertising was banned, brought in loads of £s in sponsorship and produced some great livery's.


Rothmans, Camel, Silk Cut and alcohol too with Martini



Williams got martini stripes on
Offline Georgeski  
#20 Posted : 28 September 2015 20:34:13(UTC)
Georgeski


Posts: 4,372

Originally Posted by: foxspeed Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: Marc_250 Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: foxspeed Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Originally Posted by: g7egt Go to Quoted Post
Originally Posted by: Georgeski Go to Quoted Post
Shame - I really like the lotus livery


It was a bit naff, lotus should have done it themselves. There was zero identity with what the road cars do and the team.


Black and gold is one of the all time great colour combos in a livery. It is not naff.


it is indeed jps or for those that don't know john player special ie fags Tongue


Jps looked great on both cars and Norton bikes.


The original JPS livery is a classic. Shame cigarette advertising was banned, brought in loads of £s in sponsorship and produced some great livery's.


Rothmans, Camel, Silk Cut and alcohol too with Martini



Williams got martini stripes on


Good point
Offline RED21  
#21 Posted : 28 September 2015 20:55:03(UTC)
RED21


Posts: 809
Location: New Forest

Alcoholic drinks sponsorship or advertising is still allowed in F1(for now)along with non offensive products.
Who remembers the 1976 Surtees & the 1981 ATS supported by a Swedish singing group.
Offline fastdave  
#22 Posted : 28 September 2015 21:15:56(UTC)
fastdave


Posts: 1,310
Location: Marchwood

I didn't realise Tyrrel had a Xena Warrior Princess tie up just before they went bust.
Offline RED21  
#23 Posted : 28 September 2015 21:47:06(UTC)
RED21


Posts: 809
Location: New Forest

If you cross the pond you'll find a weird world of motorsport sponsors in North America and south, saying that around the world there are loads of odd sponsorship deals.
Offline @F1Ranting  
#24 Posted : 29 September 2015 06:55:35(UTC)
@F1Ranting


Posts: 529

Massive opportunity now to take advantage of the entirely senior management inflicted issues down the road at Milton Keynes and poach some of Red Bull's Key personnel. First off, there are some great people down there who are in a bit of limbo due to Red Bull's management incompetence. Secondly, it's a good way to twit the knife into the organisation & it's senior management!
Offline MikeWDY  
#25 Posted : 29 September 2015 07:54:23(UTC)
MikeWDY


Posts: 1,602
Location: At my wits end!!

Be interesting to see how water tight Maldonado's contract is now.
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