Saxo Bank may end Lotus sponsorship deal

Saxo Bank's departing chief Lars Christensen is not sure the company is going to continue as a sponsor of the Lotus team beyond 2015.

Currently, the fate of the entire Enstone team is uncertain, despite Renault having signed a letter signalling its intention to buy the outfit.

Curiously, however, Saxo Bank has in the last few days decided to stop sponsoring a top Tour de France cycling team ahead of 2016, ramping up speculation it could turn its full attention to F1 instead.

When asked about F1, however, Christensen said: "We are not going to comment before we are ready to announce anything. We have not completed our negotiations for next year."

As for whether a title sponsorship with Lotus or Renault may be on the cards, he insisted: "I cannot say anything at this stage."