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F1: Renault set to complete Lotus takeover

Formula 1

F1: Renault set to complete Lotus takeover

By alley - Dec 3, 2015, 11:01 AM ET

Renault is poised to confirm it will remain in Formula 1 after finally completing its purchase of Lotus.Almost 10 weeks after announcing it had signed a letter of intent regarding the potential acquisition of Lotus, and months after negotiations initially started, it now appears the final hurdles have been crossed...

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