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Lotus F1 apologizes for tweeting support for LGBT Olympians

The Lotus Formula One Team is apologizing after its official Twitter account posted this image of two men kissing in connection to the opening of the Winter Olympics on Friday, February 7. It claims that the original tweet was "unauthorized."
The tweet, which Lotus deleted later that day, can be viewed to the right and was promptly replaced an apology that said, "We would like to sincerely apologise for an unauthorized message posted on our Twitter account today & will ensure this cannot happen again." Responses to the kerfuffle on its Twitter page have mostly focused on confusion as to what the original tweet was and why it was removed.
While the Sochi Olympics have been controversial among LBGT groups because of Russia's laws banning so-called "gay propaganda," the country has a growing importance in F1. In fact, the first Russian Grand Prix is scheduled to run later this season on a circuit around the Sochi Olympic Park. Genii Capital, the team's owner, has business interests in Russia, and according to the BBC, the Lotus F1 team is working on a deal to with Russian mobile phone company Yotaphone to sell it 10 percent of the team.

Renault settles on Lotus, to take 65-percent stake in F1 team

Renault's coquettish moves toward becoming a constructor again have been news all season. The expected maneuver, should Renault say "Oui" to such, was for the French carmaker to repurchase the Lotus team - the team it sold at the end of 2010 to Genii Capital. Then last week we got the surprise news that Renault had been talking to Force India about taking a majority stake, but that information came with the context that Renault had discussions with several teams about such a move. Autosport reports that Renault has finally decided to get back together with Lotus, taking a stake worth up to 65 percent for 65 million pounds. The deciding factor was said to be the facilities that Lotus has available compared to Force India, including the Enstone factory formerly owned by Renault, plus a computational fluid dynamics program, driver-in-the-loop simulator, and a 60-percent-scale wind tunnel. The final shareholding stake will be split between Gerard Lopez at 25 percent and Renault ambassador Alain Prost at 10 percent. Renault will make a 7.5-million-pound payment immediately, completing the acquisition by paying 5.75-million-pounds per year for the next ten years. On top of that, Renault will invest a budget commensurate with those of Mercedes-AMG Petronas and Infiniti Red Bull Racing. The carmaker's board and CEO Carlos Ghosn have approved the deal, it is up to Lotus shareholders to agree to everything by Monday, when Autosport says the papers will be signed. The deal puts team drivers and the Red Bull engine supply in question. It should be expected for Romain Grosjean to remain, but keeping Pastor Maldonado is not a certainty. As for engines, Red Bull's engine supply contract states it must be Renault's priority, so Renault could stick with the Mercedes power unit Lotus currently uses for one more year, or help Red Bull get in bed with Mercedes. We should know more next week. Related Video:

Renault considers fielding its own F1 team again

Renault has a long history in Formula One, but while it successfully ran its own team until 2010, these days it participates only as an engine supplier – and just to the two Red Bull teams. That could be changing in the near future, though, as the latest reports indicate that the French automaker is considering fielding its own team once again. According to Autosport, the company has ruled out starting its own team again from scratch, but it is weighing the possibility of buying an existing team. The last time it competed was when it took over the championship-winning Benetton team in 2002, building it back up to win back-to-back world titles in 2005 and 2006. It subsequently dropped in form until Renault sold the team in 2011 to Genii Capital, which has run it under the Lotus banner ever since. The Lotus team continued using Renault engines with limited success until this season when it switched to Mercedes. With Caterham now gone from the grid, that leaves Renault with only one customer: Red Bull, which runs both the Red Bull Racing and Scuderia Toro Rosso teams under Renault power. It's a situation in which the French company apparently doesn't particularly revel, leading it to consider buying a team again and running it in-house. Considering the difficulty the Lotus team it once owned has encountered lately, reacquiring its old operation could prove the most logical step for Renault, but of course that doesn't mean that's what it will ultimately do. It could continue strengthening ties with Red Bull until it acquires a large portion of it (or Toro Rosso) – something which Audi is said to be eying as well. Or it could look to another team altogether. Mercedes, McLaren, Ferrari and Williams may not be up for sale, but we could easily see Renault taking over cash-strapped Force India or Sauber, or even pouring its resources into getting Caterham or Manor/Marussia back up to speed and whipping it into winning form. News Source: AutosportImage Credit: Franck Robichon/AP/Pool Motorsports Lotus Renault F1