Gerard Lopez Tag

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