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Wednesday, September 29, 2010

Lotus Racing's change of name will rob Malaysian identity - Razali

SEPANG, Sept 28 - Lotus Racing Team's proposed name change to Team Lotus by its owner Datuk Seri Tony Fernandes does not reflect national interest said deputy Youth and Sports Minister Datuk Razali Ibrahim.
Razali said if the name change goes through, it would not reflect a Malaysian identity because Lotus was a sister company of national car producer Proton Berhad.
"The action of Tony will certainly raise a number of issues and disappointment among various authorities. This will be about a team that may continue to forget the Malaysian interest and identity,” he told reporters at the Kuala Lumpur International Airport (KLIA) here today.
Razali was at the airport to send off 93 athletes from the Malaysian contingent who left for the New Delhi Commonwealth Games which starts on Oct 3.
Last week at the Singapore Formula One Grand Prix, Fernandes announced that starting next year, Lotus Racing would be known as Team Lotus, since the team had received the rights from David Hunt.
Fernandes had wanted to change the name after buying over Team Lotus Ventures from Hunt.
Yesterday, Proton and Lotus Group chairman Datuk Seri Mohd Nadzmi Salleh denied Hunt had any rights over the Team Lotus name and said the national car manufacturer would continue to support the group to defend the group's rights.
Razali said a discussion need to be held between the interested parties while national interest must be the priority.
"I hope Lotus and Proton will quickly find an amicable solution to the issue since the country's interest is at stake and the promises made when forming the team is maintained.
"If Tony continues his efforts (name change), I feel many parties, including the national petroleum company, motoring companies and clubs that had supported the team all the way will be disappointed,” he said. - Bernama

Proton and Fernandes fight over Lotus name

LONDON, Sept 28 - The Malaysian car company that owns British-based Lotus sportscars squared up for a fight with racing team boss Tony Fernandes on Monday over the right to use the evocative brand in Formula One.
Proton said in a statement that it had terminated a licence for Fernandes’s 1 Malaysia Racing Team to compete as Lotus Racing and would “take all necessary steps” to stop him using the Team Lotus name from 2011.
Fernandes, the Malaysian entrepreneur who announced at last weekend’s Singapore Grand Prix that Lotus Racing would compete as Team Lotus next season, fired back a broadside of his own.
Lotus Racing chief executive Riad Asmat said in a statement that the team had issued proceedings in the London High Court “for a declaration that Team Lotus Ventures has the rights to use the Team Lotus name and everything associated with that brand in relation to Formula One”.
The original Team Lotus was created by the late Colin Chapman in the 1950s and became one of the most successful teams in the sport’s 60-year history, with 79 race victories before it folded in 1994.
"A new dream starts today, Team Lotus is back,” Fernandes declared on Friday.

Fernandes, who runs the Air Asia airline, said he had acquired Team Lotus Ventures from David Hunt — brother of the late world champion James — who had retained the rights to the name since the team’s exit from F1.
Proton disputed those rights.
Proton chairman Nadzmi Salleh said: “We believe the Lotus brand to be one of the most valuable brands in Formula One today.
"We are the owners of this brand, and will take all necessary steps to protect it.
"Tony Fernandes has no rights to use the Lotus brand in the 2011 Formula One season, and we will strongly resist any attempts by him to use our brand without our permission and will withdraw our sponsorship of the Lotus Racing team.”
Until 1994, Lotus’s last year in F1 until this season, the team and car firm were in common ownership.
"Since 1994, David Hunt has claimed to have acquired assets of Team Lotus, including its name, from the liquidator,” said Proton.
"He has never raced as Lotus. Mr. Hunt’s attempt to acquire the name Team Lotus was ineffective. Group Lotus is the owner of all rights in the “Lotus” automotive brand including those relating to Formula One.”
Proton said Group Lotus had terminated its current licence to Fernandes because of “flagrant and persistent breaches of the licence by 1 Malaysia Racing Team, which were damaging to the “Lotus” brand.”
Asmat said the team had never discussed extending the licence and the Proton sponsorship accounted for about 1.5 percent of his budget. - Reuters