F1 » Lotus trial date set, but judge calls for out-of-court settlement


The litigious naming row between Group Lotus and Team Lotus will now be settled no later than March - or even earlier, if Judge Mr. Justice Peter Smith's advice is duly heeded...

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jimmy - Unregistered

January 24, 2011 7:32 PM

Its a pity these guys can't come to some sort of working agreement. They are both owned my Malaysians,both got Renault engines and both called Lotus. We've got Red Bull and Toro Rosso so why not Lotus Racing and Team Lotus. 4 cars is better than 2

Alan D - Unregistered

January 24, 2011 9:23 PM

Jimmy, Red Bull and Toro Rosso are both owned by Red Bull.

"...and both called Lotus"

Well what we've actually got is a car built by 1Malaysia Racing Team which was sponsored by Lotus to use the Lotus name. Relationships broke down when 1MRT decided to buy the name Team Lotus from Hunt, despite Lotus having contested for years his rights to use that name. If Manor were to go out and register the name Team Virgin GP, don't you think the real Virgin organisation that currently sponsors the team and loans them the name would be somewhat annoyed?

Taz - Unregistered

January 24, 2011 9:32 PM

@jimmy

Lotus Renault F1 are owned by Swiss mob Genii Capital, they own 100% of the team, they bought the last 25% of Renault. Lotus/Proton own nothing of the team, they may invest in the future but it's purely a marketing agreement.

over2u - Unregistered

January 24, 2011 10:35 PM

Not sure what all the fuss is about, they can call themselves Ferrari - Not going to shave off 3 seconds from there lap time. it really seems pointless

Alan D - Unregistered

January 25, 2011 1:27 AM

Taz, some sources have reported that Lotus has the option of taking a 50% stake in the team over the next three years. There is probably a memorandum of understanding to that effect. The nature of Genii's business is that it would be unlikely to want to retain 100% ownership of an F1 team and it seems to me that Lotus would be getting an awful lot of out the marketing arrangement for this year if there wasn't at least an agreement in place for them to take a stake in the team.

almaaaaa

January 25, 2011 4:14 AM

@Alan D

Here's the problem Alan, Group Lotus CLAIM that Hunt never had the rights. Hunt on the other hand CLAIM that he had.

So, it's all about picking sides here. You can go on arguing about this matter in every article with the word LOTUS in it, it still doesn't change.

C-lee - Unregistered

January 25, 2011 10:29 AM

Its beyond me why Fernandes wants to use someone else name and identity.When he has plenty of business that would benifit from F1 exposure. My only conclusion can be he wants to hijack Colin Chapmans heritage for his team and that is an insult to Colin Chapman and Team Lotus

Alan D - Unregistered

January 25, 2011 11:28 AM

Alma, did you bother to read the documents that I gave the links for? Another test is for you to step back three years, before the Lotus name reappeared in F1. If someone had said Lotus were interested, who would you think they meant? The car company, or some guy claiming to own Team Lotus? Be honest, how many of us had any idea that Hunt had that claim on the name? He certainly wasn't keeping the Lotus name alive. And when the Lotus name came back into F1, who was it who brought it back in? Was it Group Lotus, or was it Hunt?

Alan D - Unregistered

January 25, 2011 11:36 AM

C-Tee, I agree. If Fernandes and Gascoyne had set out with the aim of resurrecting Team Lotus and all it stood for then it would be different. But they started out with the aim of getting themselves into F1 and the thoughts of COlin Chapman surely never crossed their minds. A sponsorship and naming deal with Lotus was purely about marketing for both parties, but then the F1 team decided to invent a back story about Lotus heritage. Now they've started to believe their own publicity and think that by purchasing a disputed name they are now legally entitled to use the Lotus name and claim to be genetically related to the original Team Lotus.

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