Cash strapped Lotus will learn their fate in a London court on Friday. The options open to the judge are threefold.
Firstly, he can extend the time for Lotus to ‘negotiate’ with its creditors of whom Renault are presumably one.
The team could be placed under the administrative direction of a court appointed officer to investigate thoroughly the financial state of the Enstone team and protect creditor’s interests.
Finally, Renault may ride to the rescue and confirm their acquisition of Lotus, then the judge may dismiss the creditors’ petition given the financial might behind French manufacturer.
It appears from yesterday’s statements at the Frankfurt car show that Carlos Ghosn, the head of Renault-Nissan is spoiling for a fight with Red Bull and even possibly with the FIA. So unless Bernie Ecclestone recognises financially Renault’s historic contribution to Formula One, the French automotive manufacturer may stick two fingers up to the establishment and withdraw from F1 all together.
One source of good news for the Lotus team is the fat they will be sporting the names of two new sponsors this weekend in Singapore.
The Four Seasons and HPL Hotels (a Singapore based hospitality management company) will both see their logo’s as part of the black and gold livery.
However, HPL may simply be a one race deal, similar to the local sponsorship Red Bull were associated with various national chains of super markets.