Eric Boullier is set to take over as team principal of McLaren according to reports, following the announcement that the Frenchman has resigned from Lotus with immediate... read more »

Lotus co-owner Gerard Lopez recently confirmed that the Quantum deal was no longer, but now it seems that the deal might be back on the table. Lopez's recent claim that... read more »

F1 team Lotus has reportedly sold a $1.5 million stake to a British property investor. Writing in the Telegraph, F1 business journalist Christian Sylt said the buyer is Andrew... read more »

British property tycoon Andrew Ruhan has bought a 2% stake in the Lotus F1 team for an estimated £1m. read more »

Last month Pitpass' business editor Christian Sylt broke the news that Andrew Ruhan, one of Britain's wealthiest property developers, had joined the board of the... read more »