Lotus signs deal with Dubai real estate company

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Lotus F1 Team has today announced that it has entered a new partnership with Dubai real estate company Emaar Properties as the team looks to ease the financial uncertainty at Enstone.

Although the extent of the team’s financial problems has not been revealed, Kimi Raikkonen did confirm at the Belgian Grand Prix that things “aren’t as they should be” concerning his contract. Further to this, team owners Genii Capital have been actively seeking fresh investment to aid the situation. Although this deal will by no means calm the waters at Lotus, it does mark the beginning of a fresh partnership.

“We are delighted to begin this new relationship with Emaar Properties; particularly as the UAE has been a fruitful location for us on track with Kimi Raikkonen winning the 2012 Abu Dhabi Grand Prix,” team principal Eric Boullier explained. “With this new partnership with the developer of such iconic projects as Burj Khalifa and The Dubai Mall, we are looking forward to some home support as we race in the UAE once again this year.

“We are also very excited to see how this partnership will further enhance Lotus F1 Team’s brand value.”

As Boullier mentioned, Emaar Properties boasts a remarkable portfolio, making the company a lucrative partner for Lotus to work with. Chairman of Emaar Properties Mohamed Alabbar was similarly optimistic about the agreement.

“Our partnership with Lotus F1 Team, a remarkable team with impeccable credentials in the racing circuit, is therefore a perfect fit to our own values,” he explained.

With the sport’s profile continuing to grow in the region, signing a deal with a Dubai-based company will be beneficial for Lotus. However, it remains to be seen just whether the deal plays a part in securing Kimi Raikkonen’s services for 2014.

Adam Cianciarulo sweeps to second straight Pro Motocross 450 win

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Adam Cianciarulo (450) and Dylan Ferrandis (250) swept both motos of their divisions Saturday in the Lucas Oil Pro Motocross Championship event at Spring Creek MX Park in Millville, Minnesota, significantly impacting the points standings.

After scoring his first career victory Sept. 8 at RedBud, Cianciarulo made it two consecutive victories on his Monster Energy Kawasaki. He won the first moto by 1.7 seconds over Blake Baggett and the second moto by 2.7 seconds over Baggett.

“Man, what a dream come true,” Cianciarulo said. “I really wanted to go 1-1 last round at RedBud and had that silly mistake. Today, we got the job done and made it happen. Two consecutive victories in the 450 Class just feels really good. I just want to keep the ball rolling.”

With three rounds remaining, Cianciarulo is ranked second in the standings at a 15-point deficit to Zach Osborne, who won three of the first five rounds.

In the 250 standings, Dylan Ferrandis jumped ahead of Jeremy Martin (who won three consecutive events earlier in the season) by three points (257-254).

Dylan Ferrandis swept both motos for his second win of the season in the 250 class (Align Media).

Ferrandis beat third-ranked RJ Hampshire in the first moto and nipping Martin by 0.4 seconds in the second.

“That was a difficult race in the second moto and the pressure was on,” Ferrandis said. “It was really good for me to have that battle and come out on top in the second moto. The championship is really close and I think that we were able to put on a good show for everyone today. Jeremy [Martin] and I have a good relationship I think and we congratulated each other and talked about the battle after the race.”

NEXT: The Lucas Oil Pro Motocross Championship will hold its seventh round Sept. 26 with the Geico Motorcycle WW Ranch National at Jacksonville, Florida.


RESULTS

Thor Spring Creek National (Spring Creek MX Park, Millville, Minnesota)

450 Class Overall Results (Moto Finish)

  1. Adam Cianciarulo, Port Orange, Fla., Kawasaki (1-1)
  2. Blake Baggett, Grand Terrace, Calif., KTM (2-2)
  3. Justin Barcia, Monroe, N.Y., Yamaha (5-4)
  4. Chase Sexton, La Moille, Ill., Honda (8-3)
  5. Eli Tomac, Cortez, Colo., Kawasaki (6-5)
  6. Marvin Musquin, France, KTM (3-10)
  7. Christian Craig, El Cajon, Calif., Honda (7-6)
  8. Joey Savatgy, , Suzuki (9-7)
  9. Max Anstie, United Kingdom, Suzuki (10-8)
  10. Zach Osborne, Abingdon, Va., Husqvarna (4-16)

450 Class Championship Standings

  1. Zach Osborne, Abingdon, Va., Husqvarna – 235
  2. Adam Cianciarulo, Port Orange, Fla., Kawasaki – 220
  3. Marvin Musquin, France, KTM – 215
  4. Eli Tomac, Cortez, Colo., Kawasaki – 196
  5. Justin Barcia, Monroe, N.Y., Yamaha – 194
  6. Blake Baggett, Grand Terrace, Calif., KTM – 190
  7. Chase Sexton, La Moille, Ill., Honda – 173
  8. Christian Craig, El Cajon, Calif., Honda – 141
  9. Broc Tickle, Holly, Mich., Yamaha – 134
  10. Joey Savatgy, Tallahassee, Fla., Suzuki – 122

250 Class Overall Results (Moto Finish)

  1. Dylan Ferrandis, France, Yamaha (1-1)
  2. Jeremy Martin, Millville, Minn., Honda (5-2)
  3. Alex Martin, Millville, Minn., Suzuki (4-4)
  4. Jett Lawrence, Australia, Honda (3-6)
  5. Justin Cooper, Cold Spring Harbor, N.Y., Yamaha (9-3)
  6. RJ Hampshire, Hudson, Fla., Husqvarna (2-11)
  7. Hunter Lawrence, Australia, Honda (7-5)
  8. Jo Shimoda, Japan, Honda (12-8)
  9. Mitchell Harrison, Brighton, Mich., Kawasaki (11-9)
  10. Derek Drake, San Luis Obispo, Calif., KTM (8-12)

250 Class Championship Standings

  1. Dylan Ferrandis, France, Yamaha – 257
  2. Jeremy Martin, Millville, Minn., Honda – 254
  3. RJ Hampshire, Hudson, Fla., Husqvarna – 202
  4. Alex Martin, Millville, Minn., Suzuki – 194
  5. Shane McElrath, Canton, N.C., Yamaha – 186
  6. Justin Cooper, Cold Spring Harbor, N.Y., Yamaha – 164
  7. Jett Lawrence, Australia, Honda – 162
  8. Cameron McAdoo, Sioux City, Iowa, Kawasaki – 140
  9. Mitchell Harrison, Brighton, Mich., Kawasaki – 123
  10. Brandon Hartranft, Brick, N.J., KTM – 114
Adam Cianciarulo won the holeshot in both motos at Spring Creek (Align Media).