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genii

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    Official: Lotus reveals terms of Genii-Proton deal while hitting back at rumors
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    There have been plenty of rumors surrounding the fate of Lotus and its relationship with its longtime parent company, Proton. Some are saying that Dany Bahar has been axed as CEO, that the company is undergoing bankruptcy protection, and that its involvement in Formula One has drawn to a close. ...

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    Report: Adrian Sutil convicted of assault in Germany
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    Formula One driver Adrian Sutil has been convicted of assault in a trial concluded this week in Munich, Germany. The proceeding revolved around a brawl at a night club in Shanghai, where Sutil slashed the throat of Genii Capital CEO Eric Lux, co-owner of the team now known as Lotus, with a ...

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    Report: F1 driver Adrian Sutil to stand trial in Germany over Shanghai bar fight
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    An impending court trial in Germany is shaping up to be the largest parade of Formula One drivers since the 2011 season wrapped up in Brazil this past November. The proceeding pits one Eric Lux (CEO of Genii Capital that owns part of Lotus Renault GP) against Adrian Sutil (a veteran grand prix ...

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    Report: Proton denies sale of Lotus to Genii Capital
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    Keen followers of automotive news – particularly the financial side of things – may recognize the name Genii Capital. A couple of years ago, the Luxembourg-based investment firm began acquiring an increasingly large stake in the Renault F1 team. Then, in 2010, the company partnered ...

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    Bernie Ecclestone and Genii Capital looking for another carmaker to buy?
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    With his stranglehold on Formula One's commercial rights firmly in place, Bernie Ecclestone is more accustomed to taking money than spending it. But after selling his prized classic car collection a couple of years ago, the F1 supremo teamed up with Luxembourg-based Genii Capital in a bid to take ...

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    Report: Spyker last bidder GM considering for Saab... or is it?
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    To paraphrase the once great weekend update anchor Chevy Chase, "Generalissimo Saab is still dead" and appears likely to stay that way. Bloomberg reports that Spyker is the last bidder standing to pick up the Swedish brand from General Motors, although Genii Capital and partner Bernie Eccelstone ...

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    BREAKING: Saab board reportedly votes to liquidate company, but GM still weighing bids
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    According to a press release quoted in Dow Jones Newswires, Stefan Lofven, head of Swedish trade union IF Metall, the board of Saab has voted today to liquidate the company. Simultaneously, General Motors has announced that it has hired AlixPartners to supervise the "orderly wind-down" of the ...

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    Update: Bernie Ecclestone tied to late-breaking Genii Capital bid for Saab
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    Bernie Ecclestone, the long-time Formula One impresario, has confirmed to Bloomberg that he plans to make a play to buy Saab from General Motors. The pitch is evidently part of the bid by Genii Capital that we told you about earlier today. Genii's last-minute pitch may have been the reason why GM ...

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    BREAKING: GM reportedly delays board meeting as new Swedish bidders emerge for Saab
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    Saab: A history in pictures – Click above for high-res gallery
    Just when we thought the financial soap opera surrounding Saab couldn't get any more convoluted or tortured, it has. Bloomberg is reporting that General Motors has once again delayed a meeting planned for today to determine the ...

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    VIDEO: Fo' SHO: Original commercials and a Gen III on the 'Ring
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    Warning: If you are not a fan of the Ford Taurus SHO, look away. I'm indulging my own affection for the crown pinnacle of Taurus evolution by sharing with you a couple of posts found on DrivingEnthusiast.com. The first features two original Taurus SHO commercials for the Gen I and Gen II models. ...

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    Inventor may have $12 billion dollar claim against GM
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    Twelve years ago, Jack Evans (founder and namesake of Evans Cooling) went to court with the claim that General Motors stole his design for a reverse-flow cooling system, a setup that was later put into production in GM's LT1 series of small-block V8s - and a design that was protected by Evan's ...

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