2007 Lotus Exige S Canyon Red 4,600mi Supercharged Manual Sport Suspension Pkg on 2040-cars

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Renault will buy back Lotus F1 Team

Renault's relationship with Red Bull may be about to crumble, but the French automaker isn't calling it quits on Formula One altogether. Instead, Renault will cease being an engine supplier and instead acquire Lotus F1 to become a full-fledged manufacturer and team owner again. The long-anticipated deal will see Renault re-acquire the team currently known as Lotus F1 from present owner Genii Capital, an investment fund. Renault owned the team outright before selling it to Genii back in 2009. This move will see the Enstone outfit move back under Renault's roof – and hopefully get more resources than Genii could muster. Renault recently had to come to the team's rescue after an outstanding tax bill threatened to send it into bankruptcy. The deal will likely mean the end of the Lotus name in F1 once again, after the rights were hotly contested between this team and the now-departed Caterham outfit. The Enstone-based outfit will become Renault's principal team, just as Mercedes and Ferrari run their own teams and also supply engines to others. Over its various eras of ownership, the team has shown that it has what it takes to win, given the right drivers and resources. The question is whether Renault can get its engines up to speed again to catch up to its rivals. The partnership between Daimler and the Renault Nissan Alliance created speculation that the two could strike a deal in F1 as well that could see Renault running Mercedes engines in the future - just like the Lotus team currently does. F1 : SIGNATURE OF A LETTER OF INTENT BETWEEN RENAULT GROUP AND GRAVITY MOTORSPORTS S.A.R.L Renault Group and Gravity Motorsports S.a.r.l., an affiliate of Genii Capital SA, are pleased to announce the signature of a Letter of Intent regarding the potential acquisition by Renault of a controlling stake in Lotus F1 Team Ltd. The signature of this Letter of Intent marks Renault's first step towards the project of a Renault Formula 1 team from the 2016 racing season thereby extending 38 years of commitment of the brand to world's premier motorsport championship series. Renault Group and Gravity will work together in the coming weeks to eventually turn this initial undertaking into a definitive transaction provided all terms and conditions are met between them and other interested parties. Related Video: Featured Gallery Lotus Renault GP 2011 livery News Source: Renault Earnings/Financials Motorsports Lotus Renault F1 genii capital

Lotus Exige S Roadster coming this summer to a circuit near you

We haven't heard much about the Lotus Exige S Roadster since we first saw it at the Geneva Motor Show last year, but Lotus is now confirming the car will go on sale this summer. Of course, unless anything has changed since the car was introduced, Lotus' "ultimate roadster" will still not be coming to the US.
Lotus has released a new video showing its 345-horsepower roadster in action, and while it doesn't even show that much of the car, you can check out our live images of the Exige S Roadster in our gallery. The video, which looks like a knockoff of a Universal Studios movie trailer, is posted below.

Lotus said to be planning new sedan, crossover [w/poll]

Lotus has been in limbo in recent years. After former CEO Dany Bahar revealed his plans to build six new models, its parent company was sold, Bahar was sacked, his plans were canceled and a new CEO was hired in the form of former Peugeot chief Jean-Marc Gales. The industry has been waiting ever since to find out what Gales would do with the storied marque, and now we seem to have some indication.
Reports coming in from Malaysia indicate that Jean-Marc presented to the board of parent company Proton a plan for Lotus to build a new sedan and crossover. Though details are scarce, and may seem downright blasphemous for an automaker that built is reputation on lightweight sports cars, it would not be the first time that the House that Colin Built has toyed with either idea.
The company presented the APX crossover concept at the 2006 Geneva Motor Show, and the Eterne sedan concept as part of Bahar's far-reaching plans at the 2010 Paris Motor Show. The new plans may use these concepts as starting points or could go another direction entirely.