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Renault completes Lotus F1 takeover

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After Renault has formally confirmed its return to Formula 1 as a fully fledged constructor earlier this month, Renault has now put the finishing touches of its takeover of the Lotus F1 Team in court today.

An insolvency petition was was dismissed and Renault’s lawyers told an insolvency judge, “We have the keys, so to speak,” via the BBC.

Renault has formally laid out its process in a release out Monday:

On Friday 18 December 2015, Groupe Renault and Gravity Motorsport S.a.rl, an affiliate of Genii Capital SA, formally and successfully completed the acquisition by Groupe Renault of a controlling shareholding of Lotus F1 Team Limited.

The new team name, full management structure, team partners and other details will be announced during an event to be held in Paris in February.

In the interim, a new board of directors has been appointed, with Jérôme Stoll as Chairman and Cyril Abiteboul as Managing Director.

Following the signing of a letter of intent by Groupe Renault and Gravity Motorsport S.a.rl on 28 September 2015, the parties entered into the various agreements on 3 December 2015. Since then, all parties involved have been working relentlessly to comply with all of the contractual and legal obligations under the agreements to enable the transaction to successfully complete. The technical teams are making good progress to have the 2016 car ready for testing in Barcelona at the end of February.

So it means that Renault’s process of coming into F1 is now complete, and can go ahead continuing to focus on preparation for its 2016 chassis and power unit more than anything in the legal arena.

Pastor Maldonado and Jolyon Palmer will drive for the team in 2016.

Supercross’ return Sunday in Salt Lake: Start time, TV, info for watching

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Nearly three months after the postponement of the 2020 season due to the COVID-19 pandemic, Monster Energy Supercross is returning to action.

Sunday’s Round 11 is the first of seven remaining 2020 events to be completed. All are being held at Rice-Eccles Stadium, on the campus of the University of Utah, with no fans in attendance.

Here’s what you need to know …

BROADCAST/STREAMING SCHEDULE

Television coverage will begin at 3 p.m. ET on NBCSN, then will move to NBC from 4-6 p.m. ET.

The event also will be streamed on NBCSports.com, the NBC Sports App, and NBC Sports Gold’s Supercross Pass, which also will stream live qualifying for the event starting at 1:30 p.m. ET.

COVID-19 IMPACT

Earlier this month, Feld Entertainment senior director of two-wheel operations Dave Prater confirmed that protocols for the final seven races will include COVID-19 testing for everyone on-site at Rice-Eccles Stadium. A negative result will be required to enter the stadium’s perimeter; only one test will be necessary as long as the person remains in Utah throughout the seven-race stretch.

Additional protocols include temperature checks (administered when someone enters the stadium perimeter), face masks, increased sanitation efforts and social distancing.

TRACK MAP

Prater also noted there is a different track map for each of the seven remaining rounds. “You might not see as different a track as you would from Indy to Salt Lake, but it will be a different track,” he said. “The lanes will be the same but with different obstacles.”

Click here to see the map for Sunday’s event.

FORMAT

A standard event format will be used for the seven remaining rounds, except for the season finale on June 21, which will include an East/West Showdown in the 250SX class.

  • 450SX Class – 40 Riders based on current point standings and 2020 top 100 number or combined season qualifying results
  • 250SX Class – 40 Riders based on current point standings and 2020 top 100 number or combined season qualifying results
  • Two qualifying sessions will be held for gate pick
  • 250SX Class – Two Heat Races and a Last Chance Qualifier (LCQ)
  • 450SX Class – Two Heat Races and a Last Chance Qualifier (LCQ)
  • 250SX Class Main Event
  • 450SX Class Main Event

WEATHER

Riders will face a heat wave in Salt Lake City. Weather Underground forecasts temperatures near 90 degrees at race time under partly cloudy skies.

WHEN WE LAST LEFT YOU

On March 7 at Daytona International Speedway, Monster Energy Kawasaki rider Eli Tomac earned his fourth career Daytona Supercross win in the 450SX class. Tomac erased a nine-second deficit, took the lead from Honda rival Ken Roczen with two minutes to go before the white flag lap and went on to victory.

In the 250SX East class, 18-year-old Garrett Marchbanks became just the fourth rider to claim their first career 250 class win at Daytona. Marchbanks held on after absorbing late-race pressure from reigning 250SX East champion Chase Sexton.

Extended Highlights – Daytona 450SX

Extended Highlights – Daytona 250SX

Tomac – who has become a father for the first time during the shutdown – currently holds the 450SX class championship lead by three points over Roczen. Reigning champion Cooper Webb is in third place, 29 points back.

In the 250SX East class, Sexton leads the way by 10 points over Shane McElrath, followed by R.J. Hampshire, 18 points back.

REST OF THE SCHEDULE

After Sunday’s opener, here are the details for the remaining six rounds:

  • Wednesday, June 3 ( 10:00 pm – 1:00 am ET, NBCSN);
  • Sunday, June 7 (5-8:00 p.m. ET, NBCSN);
  • Wednesday, June 10 (7–10 p.m. ET, NBCSN);
  • Sunday, June 14 (7-10 p.m. ET, NBCSN);
  • Wednesday, June 17 (7-10 p.m. ET, NBCSN);
  • Sunday, June 21 (3-4:30 p.m. ET, NBCSN; 4:30 – 6:00 p.m. ET, NBC).