Bahar Joins Board Of Lotus Renault Team

[Mark H]

Group Lotus CEO Dany Taner Bahar is now a director of Lotus Renault GP Limited, strengthening the links between the road car company and the race team

 

The Bahar appointment was actually made on Dec. 20, although the official corporate paperwork has only just reached the public domain in the UK. In it Bahar uses the Zurich address of Muermans Properties AG, a company he runs. He lists his business occupation as ‘director.’

 

Bahar joins Genii Capital Group Chairman Gerard Lopez and CEO Eric Lux on the team’s board, the pair having been appointed exactly a year ago.

 

Team principal Eric Boullier, who had been a director of Renault F1 Team Limited, ceased to be so in December. Jean-Francois Caubet – the man who picked up the reins for Renault (the manufacturer) after the departure of Flavio Briatore – also left at that time.

 

Group Lotus is in the process of buying a stake in the team from Genii, although there are conflicting reports as to whether that has already started or Group Lotus has an option that has not yet been acted upon.

 

Lotus Renault GP Limited started life as Toleman and has variously been known as Inremco 60, Benetton Formula, Renault F1, and Renault F1 Team. The latest name change came in December.

 

 

http://formula-one.speedtv.com/article/f1-dany-bahar-joins-board-of-lotus-renault-team/