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May 24, 2012

Proton – “Lotus not for sale”

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There have been many reports in the press since the weekend that Genii Capital are due to either invest in a stake of, or indeed take over Group Lotus from owners Proton. This appears to have hit a nerve in Malaysia and Proton have issued the following statement. "MEDIA STATEMENT ON THE SPECULATION OF THE SALE (OF A STAKE) IN GROUP LOTUS We refer to the news reports that have been circulating recently over the sale (of a stake) in Group Lotus. PROTON hereby states that the alleged moves between Group Lotus and GENII Capital are untrue and that the news are … [Read more...]

Genii Capital & Proton strengthen partnership

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Proton -the owner of Lotus Cars- and Genii Capital -the owner of Lotus Renault GP- are pleased to announce a new strategic synergy. Both parties have agreed to collaborate in order to actively support Proton’s international expansion. This announcement is the result of a project led by Genii Business Exchange, the business platform created by Genii Capital in order to transform the global exposure derived from the Formula 1 World Championship into unique opportunities. From now on, Genii Capital will help develop markets in Central Europe as well as in Brazil … [Read more...]

LRGP pay Proton HQ a visit

LRGP visit Proton

The day before the first practice session of the Malaysia Grand Prix gets underway, and LRGP went en masse to visit the headquarters and factory of Proton, the automobile manufacturer and parent company of Group Lotus. With Vitaly, Bruno and leading members of the LRGP team visiting the factory, Proton welcomed us with open arms. The visit to the plant included 3D screenings, viewings of the latest and future Proton cars and a fascinating look behind the scenes at the factory floor of one the leading automobile companies. As Team Principal & Managing … [Read more...]

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