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Renault settles on Lotus, to take 65-percent stake in F1 team

Renault's coquettish moves toward becoming a constructor again have been news all season. The expected maneuver, should Renault say "Oui" to such, was for the French carmaker to repurchase the Lotus team - the team it sold at the end of 2010 to Genii Capital. Then last week we got the surprise news that Renault had been talking to Force India about taking a majority stake, but that information came with the context that Renault had discussions with several teams about such a move. Autosport reports that Renault has finally decided to get back together with Lotus, taking a stake worth up to 65 percent for 65 million pounds. The deciding factor was said to be the facilities that Lotus has available compared to Force India, including the Enstone factory formerly owned by Renault, plus a computational fluid dynamics program, driver-in-the-loop simulator, and a 60-percent-scale wind tunnel. The final shareholding stake will be split between Gerard Lopez at 25 percent and Renault ambassador Alain Prost at 10 percent. Renault will make a 7.5-million-pound payment immediately, completing the acquisition by paying 5.75-million-pounds per year for the next ten years. On top of that, Renault will invest a budget commensurate with those of Mercedes-AMG Petronas and Infiniti Red Bull Racing. The carmaker's board and CEO Carlos Ghosn have approved the deal, it is up to Lotus shareholders to agree to everything by Monday, when Autosport says the papers will be signed. The deal puts team drivers and the Red Bull engine supply in question. It should be expected for Romain Grosjean to remain, but keeping Pastor Maldonado is not a certainty. As for engines, Red Bull's engine supply contract states it must be Renault's priority, so Renault could stick with the Mercedes power unit Lotus currently uses for one more year, or help Red Bull get in bed with Mercedes. We should know more next week. Related Video:

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 C-01 motorcycle shows its carbon-fiber face

Well, this isn't exactly what we were expecting. The images you see above come from Motorcycle News in the UK and are apparently official renderings of what the upcoming Lotus C-01 motorcycle will look like. As you can see, it's sort of a power cruiser, with a raked-out front end and extremely wide rubber out back.
Power will reportedly come from a liquid-cooled V-twin engine sourced from KTM, similar to the one used in the Austrian's brand's own RC8R, but tuned to produce around 200 horsepower. It appears that the powertrain and all its related necessities will be housed in a carbon fiber monocoque (whether the bodywork serves as a stressed member or not, we can't say) in a traditional-looking black (really, exposed carbon fiber weave) and yellow color scheme.
From the looks of these renderings, the C-01 might be intended as a competitor for the Ducati Diavel and ought to be very quick in a straight line. We're not so sure that's what a motorcycle wearing the Lotus badge should be, even if its builders are only using the marque's name under license, but we're looking forward to seeing the final result in production trim.