Lotus F1 team not for sale, says CEO

The Lotus Formula One team is not for sale despite lingering speculation about former engine partner Renault’s intentions in the sport, chief executive Matthew Carter said.

Lotus switched from Renault to Mercedes engines at the end of last season but won titles in 2005 and 2006 as the French manufacturer’s works team.

Renault, which won four championships in succession with Red Bull from 2010 to 2013, have had a rocky time since the switch in 2014 from V8 units to V6 turbo hybrids with Mercedes the dominant engine.

source: Today’s Zaman