LONDON: A title sponsorship agreement between loss-making Malaysian-owned sportscar maker Group Lotus and Lotus F1 has been cancelled but the team will race on as Lotus, owner Gerard Lopez said on Friday.
Lopez, whose Genii Capital runs the former Renault team that has Finland’s Kimi Raikkonen and France’s Romain Grosjean as drivers, told the autosport.com website that “the sponsorship agreement and the obligations of Lotus have been terminated.
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