Showing posts with label Lotus. Show all posts
Showing posts with label Lotus. Show all posts

Saturday, May 28, 2011

Fernandes to discuss Caterham F1 future

Team Lotus boss Tony Fernandes says his outfit will soon add more sponsors and work out how to incorporate Caterham into his Formula 1 plans, now that the Lotus naming row has been resolved.

The High Court delivered its verdict on the Lotus naming issue on Friday - when Mr Justice Peter Smith declared that Team Lotus was allowed to keep its name and use the Lotus chassis moniker in F1.

That decision has been welcomed by Fernandes, who says that the ending of uncertainty about his future plans means he can now start working out how best to integrate his Team Lotus and Caterham interests.

"I'm very happy," Fernandes told AUTOSPORT. "This is the final piece of our strategy jigsaw now. We have the Team Lotus name, we have the F1 team, we have goodwill, we have the roundel and we have the jewel in Caterham.

"This decision gives us the strategy to move forward, which we are very, very happy about. We will use the F1 team to provide the car company with exposure, and we are looking at bringing out a couple more brands.

"It's good to get this decision out of the way. And, as tough as it was, I am very happy with the outcome because we would not have got Caterham if this trouble hadn't started."

Fernandes revealed that his outfit will soon announce some major new sponsors now that the naming issue has been resolved - and that he expected further commercial opportunities to open up for him.

"We already have Dell, and we have signed up another big sponsor which we will announce before the Canadian Grand Prix," he said. "There are other sponsors out there who said they wanted to wait until after the court case, so I am hopeful of more in the future."

Fernandes said that the team would sit down soon to sort out how best to incorporate Caterham branding into F1 - with him hoping to have his Team AirAsia GP2 outfit renamed as Caterham as soon as the Valencia round next month.

"We have to see how we work in Caterham and how we maximise the F1 team," he added. "But we are pretty set now - we are green and yellow.

"I plan to include Caterham into the GP2 name and we will be applying to the race organisers for a name change. Hopefully that can be done by Valencia."

When asked how much the Caterham brand would be used in F1, Fernandes said: "There will be some form of bringing it in, but I don't have the answer yet.

"We were waiting for the judgment and it is good we now have clarity. I would like the decision to be a team effort and I will sit down with the senior team members and shareholders and see how it moves forward. Hopefully by Silverstone we can see what we want to do."

Fernandes also said he was not worried about the prospect of Group Lotus attempting to appeal the court's decision.

"They have to get to approval for the appeal to start with, and that may not necessarily be agreed. The shareholders at Group Lotus may also not want to throw another couple of million pounds at it," he said.

"But it is an odd one when you claim victory and then decide to appeal if you are happy with the outcome. We are happy with the outcome, but I suppose desperate men have to do desperate things."

Thursday, March 24, 2011

Formula 1: Team Lotus Confirms Karun Chandhok as Reserve Driver


Team Lotus has today finalised its 2011 driver line-up with confirmation that Karun Chandhok is the team’s Reserve Driver, joining Race Drivers Heikki Kovalainen and Jarno Trulli, Third Driver Luiz Razia and Test Drivers Davide Valsecchi and Ricardo Teixeira in the Anglo / Malaysian team’s stable of driving talent.
Karun is one of the most exciting and popular drivers in global motorsport and has enjoyed a stellar career in his rise up through the ranks to Formula One. He will be taking part in a number of Friday Practice sessions for Team Lotus including FP1 in Melbourne and his technical input and obvious talent will provide the team with more valuable insights into how to optimise the T128’s performance potential on-track, alongside his ambassadorial role for the team as one of its official drivers.
Team Lotus Team Principal Tony Fernandes is delighted that the team can now confirm Karun’s role for 2011 and beyond: “This is another great day for Team Lotus. Karun’s appointment to our team gives us not only his immense driving talent and F1 experience, both of which will help us develop the car even further, but also brings one of the warmest, most professional personalities I have the pleasure of knowing into the Team Lotus family.”
“I do not think it is going too far to say that Karun represents the future of motor racing – he is living proof that geography is no boundary to talent and ambition and that you will succeed if you work hard and keep dreaming. He is fiercely proud of his Indian heritage but he has a truly global outlook and I am honoured that Team Lotus is now giving one of India’s brightest stars the chance to continue to develop his talent. Everyone in the team is excited about working with Karun, and I cannot wait to see him representing the Indian nation in our car.”
Karun Chandhok: “I’ve been talking to the team for quite a while about a role with them and I’m delighted we’re now able to confirm that I will be driving for Team Lotus in 2011. The details of exactly which sessions I will be in the car for are being worked out now and after having spent some time with them at the recent pre-season tests I can see exactly how passionate everyone in Team Lotus is about taking this team back to the top of the F1 grid. These are very exciting times for Team Lotus and it’s a real honour to be able to play a part in helping shape this team’s future. I want to thank Tony, Din, Nasa, Riad and Mike for having the faith in me to give me a chance to help the team develop and I’ll do my best to repay that faith wherever I can.”