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Lotus F1 team sells stake to Russian backer

Formula 1

Lotus F1 team sells stake to Russian backer

By alley - Jan 27, 2014, 5:07 PM ET

Lotus Formula 1 team owner Genii Capital has agreed to sell a stake in the squad to new Russian backer Yota Devices Company. The team announced a sponsorship deal with YotaPhone last week, with its logos featuring on images of the new E22 that were released. But as well as...

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