December 11, 2010
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This is the third article from Murai Kadam:
Eric Boullier will remain team principal of Lotus-Renault
While Group Lotus entered Formula 1 with major partnership, Eric Boullier will remain as the team principal.
Appointed by new owners Genii Capital for 2010, Boullier has led the team this year, but Group Lotus’ high profile CEO Dany Bahar has been conspicuous since the takeover announcement this week.
Bahar is well experienced in F1, having been in roles within the Red Bull and Ferrari teams, but he has told F1’s official website:
Given their (Renault's) performance this year, the structure
really works, so we have no plans whatsoever to change this."
With the French carmaker Renault now completely bought out, Bahar refused to comment upon which percentage of the team is owned by Genii and Group Lotus:
"Whether it is 40, 50 or 60 per cent is something that does
not really matter."
"What matters is that it is a real partnership with clearly
defined roles and responsibilities."
Group Lotus owner Proton’s chariman, Datuk Seri Mohd Nadzmi Mohd Salleh, revealed on Friday:
"Lotus' spending in F1 will come from a portion of its
marketing budget of between 15 and 20 million per annum."