Report: Lotus Names ex-Ferrari Exec as New CEO

Report: Lotus Names ex-Ferrari Exec as New CEO
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Lotus has just announced that a of October 1st, former Ferrari executive Dany Bahar will take over at the helm of Group Lotus plc. Bahar moves into the position after former Lotus CEO Mike Kimberly retired in July due to health reasons. At Ferrari Bahar worked as Senior VP of Commercial and Brand, where he… Continue Reading...

Ferrari To Quit Formula 1 Next Year Unless Rules Change

Ferrari To Quit Formula 1 Next Year Unless Rules Change
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Ferrari has officially declared that if FIA president Max Mosley intends to go through with his plan for a two-teared budgetary system in Formula 1 he can count the prancing horse out. In a statement Ferrari’s board of directors declared that if the FIA goes ahead with it’s plans, “then the reasons underlying Ferrari’s uninterrupted… Continue Reading...
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