Posted in F1, Lotus, renault, Reports Renault Signs Letter Of Intent For Lotus Takeover Author: Sergiu Tudose Published Date: September 28, 2015 The transformation of Lotus F1 into a Renault Works team is not officially under way with the French manufacturer having signed a letter of intent.Read more » Related News Renault F1 Won't Delay Lotus Rebranding After TakeoverWhile we've yet to receive official confirmation regarding Renault's takeover of Lotus F1, at least we know the French manufacturer… Renault Completes Lotus Takeover, Set For Interesting 2016 SeasonAfter months of flirting with a final decision, Renault has finally managed to complete the purchase, thus marking their official… Renault Apparently Bought Lotus F1 For Just £1The Lotus F1 Team has struggled due to large debts and was keen to be bought out by an established… Renault Said To Complete Lotus Takeover And Return To F1 As Factory TeamAfter months of speculation, Renault are reportedly finalizing a deal with Lotus, marking their return to Formula 1 as a…