Lotus yet to seal Honeywell title deal 25 January, 2013 Lotus is yet to sign a title sponsorship deal with Honeywell, the American technology giant. Last month, it emerged that the Enstone based team was close to a $ 30 million per year deal with Honeywell, hot on the heels of their high profile signing of a sponsor deal with Coca-Cola brand Burn. But Switzerland’s Speed Week now reports that the Honeywell deal is “still a way off”. Team boss Eric Boullier is quoted as agreeing: “There is still nothing signed.” Lotus is scheduled to launch its 2013 car, the Renault-powered E21, on Monday. (GMM) Subbed by AJN. Content on GrandPrix247.com by: staff & contributors, Reuters syndication, GMM service, Getty Images, Formula 1 teams, sponsors & organisations.