Group Lotus: Name Row Can Be Resolved Before Court
Speaking with the BBC Group Lotus's CEO Dany Bahar has said he believes that the outgoing legal row between the British sports car manufacturer and Team Lotus can be settled out of court. The name row continues between Gorup Lotus and Team Lotus over the Formula one team's right to use the 'Lotus' name, as well as about the termination of a deal between the two companies, which saw the F1 outfit run as Lotus Racing in 2010. Unless a settlement is reached, the case will go to court later this year. However, Dany Bahar, the CEO of Group Lotus believes the situation can be resolved before then. Speaking in an interview with the BBC he said. "I don't think it will be a matter solved by English courts. I think it will be solved before that. But if we have to go the legal way, we will, and our shareholders will support that." Bahar continued that he had never set out to end Group Lotus's tie-up with Fernandes when he originally joined the company. Claiming the two companies had to go their own way because they had different visions for the future. "When I arrived with a new management team, we had our own ideas and plans and that's nobodies fault, not the shareholders' and not Mr Fernandes' fault," Bahar said. "We have a crystal clear vision of where we want to go in future." Adding "I think with any business relationship, you start on good terms and if it turns out to be beneficial for both parties, you continue. If not, you just stop - it's like in a marriage. And this one turned out to be an unsuccessful relationship."