Articles Tagged ‘Tony Fernandes’

Teams agree to joint car launch

Thursday, December 10th, 2009 - Posted by Jack Sargeant

Today it has been announced that all 13 Formula 1 teams who will compete in 2010 will have a joint car launch.

This cost-cutting initiative is likely to take place at the Ciudad de las Artes y de las Ciencias complex in Valencia on January 30, and is backed by most teams.

Mercedes Chief Executive Nick Fry said;

“We’ve agreed among the teams to do a joint launch. It’s a demonstration of how we’re working together.”

The boss of the new team LotusTony Fernandes said that the supposed launch on January 30 2010 is too soon for his team, who plan to roll out their car in February. He joked;

“I won’t have a car at that time. I could come with a Matchbox car.”

Lotus F1 sign first driver – Who is it?

Saturday, November 14th, 2009 - Posted by Formula1Blogger

Tony Fernandes

Lotus F1 have announced today that they have signed their first driver for 2010, however have yet to release the name of said driver.

Tony Fernandes, via social media website Twitter announced:

“One Malaysia formula one team aka lotus has signed it’s first driver. Public announcement soon. The dream continues.”

In recent weeks Jarno Trulli has been strongly linked with a move to the new team, since Toyota’s demise, and CTO Mike Gascoigne hardly denying that they were interested in the driver. Lotus have also stated that they’re looking for experienced drivers in order to move the team forward with development, rather than cheaper rookie drivers.

Lotus appoint chief executive.

Friday, October 30th, 2009 - Posted by Jack Sargeant

Lotus team principal Tony Fernandes with new chief executive Riad Asmat

Malaysia’s Lotus Formula One team has today announced they have appointed Riad Asmat as chief executive who will oversee the team’s motorsport programme.

Asmat who is 38, was  a general manager at Proton prior to this appointment, will work with the new Malaysian backed F1 team Lotus, whom are aiming for a roll out of the new car in mid-February to test it before the season opener in Bahrain in March.

Team principal Tony Fernandes said:

“Riad’s expertise, which is a good blend of both corporate experience and motorsports knowledge, will provide the dynamic and success-oriented leadership that the Malaysian team requires,”

“I’m confident that his knowledge of motorsports coupled with vast experience will contribute to the success of the 1 Malaysia F1 Team.”

“All of us in the 1Malaysia Formula One Team understand that this is a very important first step for the nation,”

“We’ll make it our key objective to build a very strong and robust foundation moving forward.”