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Lotus set to honour Maldonado and Palmer contracts
Renault's takeover of Lotus is unlikely to affect next season's contracted driver lineup of Pastor Maldonado and Jolyon Palmer, the Formula One team's current chief executive Matthew Carter said on Monday. Venezuelan Maldonado, who brings substantial sponsorship from state oil company PDVSA, and Britain's Palmer were both signed before Renault last week publicly confirmed their plan to return as a constructor. 'The contracts have been agreed with Renault,' Carter told Reuters after attending a High Court hearing involving Lotus and the British tax authorities. 'No decision has been made on a third driver, so whether or not they have someone French maybe lined up for that role I don't...
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