Lotus name dispute to go to court in March
Team Lotus, the Formula 1 team, and Group Lotus, the road car company are set to dispute the Lotus "name row" in court much earlier than was expected, with Mr Justice Peter Smith pencilling the 21st March in his diary.
The court action is expected to last no-more than 10 days and as a result, the dispute between the two companies is sure to be settled early into the 2011 F1 season, and not drag on past the end of the season as was originally anticipated.
Team Lotus, fronted by Tony Fernandes, has claimed that Group Lotus, had terminated their five-year licencing deal to run a Lotus F1 team early, and feel that uncertainties relating to its right to use the Lotus name in F1 need to be set in stone.
Credit: The F1 Times (www.thef1times.com)
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