Renault changes name for 2011 season

Renault will be named Lotus Renault for the 2011 Formula One season after the car company sold its remaining 25% stake.

Renault sold 75% of its shareholding to private investment group Genii Capital ahead of the 2010 campaign. However, it has now relinquished its remaining share to Genii which will be taken up by Malaysian company Proton, which owns Lotus Cars.

As a result there will now be two teams in ...

Source: http://feedproxy.google.com/~r/Formula1Fancast/~3/CCb4NL4lVo8/renault-changes-name-for-2011-season

Enrique Bernoldi Enrico Bertaggia Tony Bettenhausen Mike Beuttler Birabongse Bhanubandh