Very surprised Williams isn't on that list. Maybe they've already got enough on their plate ATM.
I am expecting more people to join the list opposing the name change of Renault, namely Williams and Red Bull. With Williams being a supporter of Tony, thanks to his sponsorship through AirAsia and Red Bull due to the fact Dany left them, after persuading them to get 2 F1 teams and go into Nascar before jumping ship to Group Lotus.
Certainly sounds like Tony's getting it done.
That's a blinding good deal.
Bahar gets his Team Lotus name (a name who's perceived value ain't worth a nickel now because of all the mudslinging) to go with his Lotus Cars division (a company with an identity crisis, a $400m debt, and an empty showroom).
Fernandes gets a huge head-start on his plan to volumize Caterham with a proven, lightweight, sporting chassis, an engine deal (with RenaltSport no less- lol), has the engineers who built the original, and an infrastructure to open up to the lucrative Asian market.
No doubt if Group Lotus do get ownership of Team Lotus for the first time in the history of both companies, they will devalue it by sticking it on the new
Them saying they are not going to use the Team Lotus name is total crap as well. If this was true they would not be trying to get ownership of it by taking the legitimate owners to court to try and steal ownership. And failed each and every time!
In some ways I think the name change shouldn't be allowed. The teams are usually known with their chassis name, most people don't talk about Lotus Renault GP or Marussia Virgin. Soon we'll have HRT changing its name for every season.
That is because most people talk about the constructor not the title sponsor. Marussia Virgin Racing is different to the Renault team. Marussia although being a title sponsor of the team, have also bought into the team and are going to aid in the making of the car, both things that Group Lotus have not done, and Richard Branson has even said that Virgin now are basically just a title sponsor. I am expecting that team to become Marussia Racing either next season or in 2013, possibly with Virgin still in the name as a title sponsor.
I agree, but the real issue is that this isnt the REAL reason. AS reported that there was no oposition to Team Lotus changing to Caterham. But the same did not heppen about the oposition to Renault change to Lotus.
The Ferrari name is no surprise, since Group Lotus said they were aiming at Ferrari, well... Ferrari has a long history of feud with Lotus, why would they stay put when they can disrupt? Old Enzo would proably even go further and call for a ban, he hated Lotus and im sure Luca has no love either.
HRT and Sauber of course are simply asking a very simple question: «If they are breaking the name rules, should they not loose their money?». Both HRT and Sauber would benefict from two spots in the money bag, so in theory HRT would be aiming at a 9th spot prize money, with very little effort. And Sauber can also point at themselves as a good case where the rules were followed creating the most amazing entry ever: BMW-Sauber-Ferrari.
This seems to indicate that the agreement calls for a Lotus next year, who demanded this would be interesting to know, because the most vented scenario was for a no change at Enstone next year with or without french money.
I forgot about Renault. But then, both Dany and Genii have said that there is no plans to change the name until the 2013 season, when they can do so without losing any money at all.
It is plainly obvious Group Lotus cannot afford to buy the team and run it themselves, and Genii are struggling to pay the bills on time.