Malaysia's Lotus F1 Team Appoint Ceo

[Mark H]

KUALA LUMPUR (Reuters) - Malaysia's Lotus Formula One team appointed Riad Asmat as chief executive on Friday.

 

Asmat, who was general manager at state-owned Proton Holdings Berhard overseeing its motorsport programme, will take charge at the team included as the 13th entry on the starting grid for next season.

 

The Malaysian-backed team, which was launched last month, are aiming for a roll out of the new car in mid-February to test it before the season opener in Bahrain in March.

 

"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," team principal Tony Fernandes told a news conference in Sepang.

 

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

 

Lotus F1 is a partnership between the Malaysian government and a consortium of Malaysian entrepreneurs.

 

"All of us in the 1Malaysia Formula One Team understand that this is a very important first step for the nation," Asmat said.

 

"We'll make it our key objective to build a very strong and robust foundation moving forward."

 

http://in.reuters.com/article/sportsNews/i...-43552220091030

 

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[Mark H]

1MF1T_CEO_Announcement.pdf

[richbk]

1MF1T_CEO_Announcement.pdf

 

is this really going to be the name of the team "1Malaysia Formula One Team", as to be frank

 

its pants

 

richbk