
Group Lotus has ramped up its involvement in Formula 1 by becoming title sponsor and a major shareholder in the rebranded Lotus Renault GP Team. As AUTOSPORT exclusively revealed in October , Renault has revised its F1 strategy by selling the stake it had in its F1 team back to co-owners Genii Capital and will now focus on being just an engine supplier.
Source: http://www.inracingnews.com/formula-one-news/f1-formula-one-news/lotus-unveils-f1-plans-with-renault/
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