Bahar claims Fernandes wanted too much money for Lotus peace deal
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Lotus CEO Danny Bahar hosted a small group of media at the RAC Club in London today, of which I was one, to lay out his vision for Lotus in F1 and road cars. He didn’t say much about his rival Tony Fernandes, who has been using the Lotus name in F1 this season. However he did say that he tried to do a deal with him, but the Malaysian wanted too much money,
“We tried, but when the counter proposals are so ridiculous, there is no point to continue to talk. ” said Bahar. “(The Renault deal) was one third of the cost.”
But Tony Fernandes has denied this, “Complete rubbish,” he said. ” We never ever talked about numbers. Proton paid us US$ 1 million in sponsorship. I offered him to be joint venture partners, I offered share swap, we did everything. if he gave use $20 million (believed to be the level of the Lotus sponsorship of Renault) he could have got so much out of it. He would be in Norfolk, sponsoring a team that own Team Lotus. He would have Clive Chapman down the road and together we could all have worked together to bring Lotus to greater heights in three years.”