The French manufacturer has come back into the racing grid. After months of speculation whether they will be back in next year F1 season after their spat with partners Red Bull. F1 boss Bernie Ecclestone and a lot of sport fans were speculating what will happen to the racing season in 2016.
At the Japanese Grand Prix, Renault Group and Gravity Motorsports S.a.r.l., have announced an intent to acquire a 65 per cent stake in Lotus F1 Team Ltd. They will be extending their 38 years in being part of the premier motorsport championship series to the acquired team.
The announcement has come as a relief for serious of Lotus off- track encounters. It has been having difficulties before the schedule Suzuka race with payment delays for its freight to arrive at the circuit. The new team is to feature a new driver Pastor Maldonado who will be chasing for the racing flag next season.
