Carlos Ghosn Tag

By Adam Tate, Associate Editor 2017 may prove to be just the reset Renault has needed. One of F1’s four power unit suppliers, Renault is a full works team for only their second season back after it stayed away from the sport from 2011 to 2015. Crucially they have an all new car, as last year’s design was very much a warmed over Lotus. The new machine, the R.S.17 is one of the more attractive and purposeful looking cars on the grid. Piloted by veteran recruit Nico Hulkenberg and second yearRead More

Formula One weaves a tangled web – as per multiple reports, the much rumored buyout of Lotus F1 Team by Renault is set to commence. Renault group CEO Carlos Ghosn and his board have signed off on a deal that now only needs the approval of Lotus to be set in motion. The plan will have the French automotive giant acquire a 65 percent stake in the F1 team that just seven years ago was 100 percent under their control. Gerard Lopez will remain in the picture with a largeRead More