Lotus Formula 1 head of trackside operations Alan Permane says if the team has to wait much longer for news about the Renault takeover, its situation will become very difficult.Renault has been working to take over the team for several months, with staff already joining Lotus personnel at its Enstone,...

Renault hopes to be able to finalise its takeover of the Lotus team next week, according to its Formula 1 managing director Cyril Abiteboul.The French manufacturer has been working to take over the Enstone-based team for several months, with staff already joining Lotus personnel at the factory to start work...

Lotus deputy team principal Federico Gastaldi is concerned about the direction Formula 1 is heading unless its business model is given an overhaul.With proposed plans for 2017 regulation changes up in the air, and with the FIA recently opening up a tender process in a bid to introduce a budget...

Lotus believes it is making significant progress on the development of its 2016 Formula 1 car ahead of the team's impending takeover by Renault.Given Lotus's financial struggles this season, and the fact the team's accounts have been locked down amid the discussions with Renault, development on this year's car ground...

Renault personnel have already started to integrate themselves back at Enstone ahead of the return of its works team to Formula 1 next season.After resigning a fortnight ago from his technical consultant role with Manor, Bob Bell is set for an imminent return to Renault as its planned takeover of...

Lotus is closing in on signing a driver to replace Romain Grosjean for 2016, with the team saying it has "a pretty good idea" who will partner Pastor Maldonado.Grosjean's four-year spell as a race driver for the team will come to an end when he switches to the new Haas...

Pastor Maldonado is anticipating "great things ahead" as Renault prepares to return to Formula 1 as a works team for next season.Renault announced on Monday it had signed a letter of intent to purchase a controlling stake in Lotus and return to the former home in Enstone, England it last...

Lotus deputy team principal Federico Gastaldi has hit out at the negativity that continues to swirl around the Formula 1 team.Lotus' desperate financial state saw the team back in the UK's High Court on Monday after failing to pay one month's PAYE to HMRC, with the case adjourned until next...

Lotus says only final paperwork issues with Renault are preventing it from confirming its switch to Mercedes-Benz Formula 1 engines for 2015.AUTOSPORT revealed back in July that Lotus had agreed terms to switch power units next season after a difficult campaign with Renault. But since then there has been no...