{"id":10168,"date":"2010-12-17T07:15:33","date_gmt":"2010-12-17T12:15:33","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=10168"},"modified":"2010-12-17T07:15:33","modified_gmt":"2010-12-17T12:15:33","slug":"fernandes-denies-demanding-too-much-for-lotus-deal","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/fernandes-denies-demanding-too-much-for-lotus-deal\/","title":{"rendered":"Fernandes denies demanding too much for Lotus deal"},"content":{"rendered":"<p>As the Lotus dispute rages on, Tony Fernandes has hit back at Dany Bahar&#8217;s claim that the parties did not unite in F1 due to his &#8220;ridiculous and absurd&#8221; demands.<\/p>\n<p>Bahar, Group Lotus&#8217; CEO, had responded to journalists&#8217; claim this week that the logical solution was a deal with Fernandes rather than the confusing prospect of two warring teams both called Lotus in 2011.<\/p>\n<p>The Swiss had gone so far as to reveal that Fernandes demanded &#8220;three times&#8221; the money that has ultimately been invested in the Renault deal.<\/p>\n<p>&#8220;Interesting to read Dany Behar&#8217;s comments about wanting to work with us, don&#8217;t think anyone here noticed that!&#8221; said Team Lotus technical boss Mike Gascoyne on Twitter.<\/p>\n<p>The Briton&#8217;s boss also slammed Bahar&#8217;s claims.<\/p>\n<p>&#8220;The thing that has annoyed me most is Dany Bahar implying we wanted too much money and that Renault was a third of the cost of what it would have been to do a deal with Lotus Racing,&#8221; Fernandes told the BBC.<\/p>\n<p>&#8220;They have been quoted saying they are spending in the region of 15-20m (pounds) a year on Renault, which implies we asked for 45-60 million.\u00a0 That&#8217;s more than our entire budget,&#8221; said the Malaysian.<\/p>\n<p>&#8220;We were never close to an offer and it&#8217;s completely untrue to say we requested three times what they&#8217;re paying Renault.&#8221;<\/p>\n<p>The worsening war-of-words between the two Lotuses has highlighted the need for a resolution, and Bahar said this week he is confident the two Malaysian sides &#8211; Group Lotus owner Proton and Fernandes &#8211; want to avoid a deeper battle.<\/p>\n<p>&#8220;We are pragmatic,&#8221; said Fernandes.\u00a0 &#8220;There should be a solution, but we should also do what is right for the brand.<\/p>\n<p>&#8220;Our licensing agreement was unceremoniously terminated unlawfully and at any stage we would welcome a way to sort this out.\u00a0 But it&#8217;s got to be equitable and respect what we have done,&#8221; he insisted.<\/p>\n<p>&#8220;If they (Group Lotus\/Proton) come off their high horses, who knows?<\/p>\n<p>&#8220;I&#8217;d say it&#8217;s highly unlikely but three months ago if you&#8217;d said Group Lotus would be sponsoring Renault, I&#8217;d have laughed at you.\u00a0 It&#8217;s a branding disaster,&#8221; added Fernandes.<\/p>\n<p><em><span style=\"color: #888888;\">\u00a0\u00a9 RIF | GMM<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the Lotus dispute rages on, Tony Fernandes has hit back at Dany Bahar&#8217;s claim that the parties did not unite in F1 due to his &#8220;ridiculous and absurd&#8221; demands. Bahar, Group Lotus&#8217; CEO, had responded to journalists&#8217; claim this week that the logical solution was a deal with Fernandes rather than the confusing prospect &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[2589,5262,5340,912,62],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/10168"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=10168"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/10168\/revisions"}],"predecessor-version":[{"id":10169,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/10168\/revisions\/10169"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=10168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=10168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=10168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}