Six Drivers Including Fairuz Fauzy Shortlisted For Lotus F1 Team
Despite our criticisms, it appears that 1Malaysia-Lotus F1 Team’s preparations are going on fine. Six drivers have been shortlisted to race, but only one of them, Fairuz Fauzy, is Malaysian, according to Lotus F1 Team principal Datuk Seri Tony Fernandes. The 27-year-old Fauzy was the reserve and test driver for the Spyker F1 team, and had experience in GP2. Currently, …Read More
1Malaysia F1 Team Will Be A Success, Says Fernandes—Well, Think Again
Contrary to what many Malaysians may believe, the 1Malaysia F1 Team (1MF1T) makes business sense and would become profitable in the first year of its operation—that is the view of team owners, Datuk Kamarudin Meranun and Datuk Seri Tony Fernandes, at least. The former declared “We will make money in the first year as we have always done with our other …Read More
1Malaysia F1 Team: Government Has No Equity, Proton Plays A Small Role
Our very own 1Malaysia F1 Team, to be named Lotus F1 Team, will have a start-up capital of RM 168 million and a baseline annual budget of about RM 308 million. But taxpayers can heave a sigh of relief because the government will not be investing any money through any government-linked companies (GLC). Instead, the F1 project is to be privately …Read More
1Malaysia F1 Team To Start Racing 2010
Malaysia will be represented in the Formula One World Championship starting next year. Prime Minister Datuk Seri Najib Tun Razak announced yesterday that the International Automobile Federation (FIA) has accepted our very own 1Malaysia F1 team, which will be led by Lotus, the prestigious constructor who left F1 in 1994. Of course, this F1 bid is really less about racing, and …Read More
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