Wednesday, December 8, 2010

Renault rebranded as Lotus Renault GP

Gerard Lopez, Genii Capital chief and chairman of Renault F1 Team:
"We are delighted that we can now go public with the news that we will be racing as Lotus Renault GP in 2011. t is extremely exciting to begin a new era for the team in partnership with Group Lotus, and we will continue to enjoy a strong relationship with Renault over the coming seasons. It is a tribute to the excellent work this year by the team in Enstone that we have been able to attract both major sponsorship and new investment for a very bright future.

Group Lotus CEO Dany Bahar:
"I can think of no better platform for automotive brand communications than motorsport and F1 is the very pinnacle of open-wheel racing. We're well aware that there has been a lot of controversy around the usage of our brand in F1 and I'm delighted to be able to formally clarify our position once and for all: we are Lotus and we are back."

Dato' Sri Mohd Nadzmi Mohd Salleh, chairman of Proton:
"We know that Group Lotus has much to offer Formula 1 and vice versa. After careful consideration, we believe this arrangement will be fruitful, both from a commercial and marketing point of view." 

Tun Dr Mahathir Mohamad, Proton advisor and former Prime Minister of Malaysia:
"This is an exciting development which delivers strategic benefits to both Group Lotus and Proton. I fully support the partnership."