Lotus owners not ruling out name change to Renault

Gerard Lopez

Gerard Lopez

Lotus team owner Gerard Lopez has confirmed that his team is hoping that auto giant Renault offers works-style support to the Enstone based outfit from 2014 onwards.

In an interview with Formula 1’s official website, team boss Eric Boullier this week also alluded to a tie-up with the French engine supplier.

“I do believe in the concept of Renault having two teams [to] count on – Red Bull and us,” he said.

Lopez said that taking the next step is in fact crucial for Lotus.

“Ideally, we need to get the support of an automaker,” he told Auto Hebdo.

“It gives significant weight in the political arena of Formula 1, and in the relations with investors and shareholders,” said Lopez.

“I would not mind if the team has to change its name,” he revealed. “It doesn’t matter whether it’s called Genii, Lotus, Renault or something else.”

Undoubtedly, amid reports of high debt and financial strife, Lotus could also do with the money. (GMM.)

Content on GrandPrix247.com by: staff & contributors, Reuters syndication, GMM service, Getty Images, Formula 1 teams, sponsors & organisations.