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Issue 60 June 2012

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Issue 60 June 2012 Lotus Drivers Guide Newsletter your Lotus information source Contact: [email protected] Website: www.lotusdriversguide.com Year 05, issue 60 June 2012 The first words This month of course racing news, as we had the Indy 500, the Monaco Formula One Grand Prix, the Canadian Grand Prix, and Le Mans. Lotus Originals is growing, with their new franchise store in Monaco, and soon we will see the opening of the flagship store in London. And more news! I hope you will find the following news items interesting, please enjoy this issue! Ronald Ringma In this issue: • Modern media • News from Group Lotus • New on the website • CEO Dany Bahar dismissed • Indy 500 • Lotus F1 Team comments on the Monaco Grand Prix 2012 • Linkin Park linkes up with Lotus F1 Team • Avanade joins Lotus F1 Team • Lotus raises the style stakes in Monaco • Lotus F1 Team comments on the 2012 Canadian Formula One Grand Prix • Lotus LMP2 at Le mans, 2012 • Rare cars for sale • Model cars • Books and videos • Events • Downloads Previous issues of this newsletter are available as free downloads from my website. Modern media Next to the website, there is also a Lotus Drivers Guide page on Facebook, a page on Google+ and I am sometimes using Twitter now. Just search for Lotus Drivers Guide on Facebook or Google+. I’m using Twitter under my own name, so if you like to follow what I’m doing there you will have to look for Ronald Ringma. News from Group Lotus Read all about the news items in the press releases section of the website, please follow this link: http://www.lotusdriversguide.com/Press/index.php Lotus Drivers Guide newsletter, issue 60, June 2012, page 1 In this section of the website you will find the latest news by Lotus, normally unedited. New on the website You will find all recent changes and news headlines on the ‘news’ page of the website. On the opening page of the website you will also see the most recent items. If you like to know if there is an update on this page, I suggest you become a friend on Facebook, as the updates will be mentioned there. Or you can also get Google+, where I am also giving notice of updates on the website. CEO Dany Bahar dismissed Chronological: According to the Norwich Evening News Dany Bahar has been (temporary) suspended by Lotus owners DRB-Hicom, following an operational review into Lotus. Here are some articles written by the Norwich Evening News. This is the statement that Lotus made on the 25 th of May: “Group Lotus plc (“Lotus”) can today confirm that, following an operational review, chief executive Dany Bahar has been temporarily suspended from his role to facilitate an investigation into a complaint about his conduct made by Lotus’ penultimate parent company, DRB-Hicom Berhad,” And this is the press release Group Lotus issued later: Norfolk, 7 June 2012 - Group Lotus plc (“Lotus” or the “Company”) can today confirm that, Mr Dany Bahar has been terminated from his employment as Chief Executive Officer of Lotus with immediate effect. The decision was made by the Board of Group Lotus plc following the results of an investigation into a complaint made against him by the company’s penultimate holding company, DRB-HICOM Berhad. The Company today also announced the appointment of Mr Aslam Farikullah as the Company’s Chief Operating Officer with immediate effect. Mr Aslam, aged 51, has over 26 years working experience, most of which was in the automotive industry. He graduated from University of Bath, England with a Bachelor of Science (Hons) in Engineering. A British permanent resident, Mr Aslam and his English wife of 27 years have three children aged 26, 22 and 16. Dato’ Sri Haji Mohd Khamil Jamil, Group Managing Director of DRB-HICOM Berhad and also Chairman of Lotus said: “I would like to assure you that we remain committed to ensure the ongoing and future business operations of the Lotus Group as we take the Lotus Group to the next level to remain relevant in the global automotive industry. I look forward to bringing mutual benefits to not only DRB-HICOM and PROTON Holdings Berhad but also the Lotus Group and its employees as well as contribute to the growth of the British automotive industry.” Here are some articles about this subject: Group Lotus boss Dany Bahar suspended http://www.lotusdriversguide.com/Press/Dany%20Bahar%20suspended%20- %20Norwich%20Evening%20News.pdf Speculation over Lotus boss Dany Bahar’s future following suspension http://www.lotusdriversguide.com/Press/Dany%20Bahar%20suspended,%20speculations%20- %20Norwich%20Evening%20News.pdf Lotus Drivers Guide newsletter, issue 60, June 2012, page 2 Lotus owner remains tight lipped about reasons for Bahar suspension http://www.lotusdriversguide.com/Press/Dany%20Bahar%20suspended,%20speculations%202- %20EDP.pdf Most eye-catching actions in the "Bahar-period": Dany Bahar placed several former Ferrari contacts in key positions of Group Lotus. Lotus Originals was started. He started a number of motor-racing programs at Lotus, including the sponsorship of the Formula One team (this sponsorship was terminated for this year) and the Indycar engine adventure that is not yet successful. He also started a very ambitious road-car development schedule. According to the Swiss newspaper Bilanz, Dany Bahar is filing a suit in London's High Court for wrongful termination. It was stated that Bahar denies the claims about renovating his homes with Lotus money and it was reproted that he also denies improperly using company funds for private jets and helicopters. Indy 500 Unfortunately, the Indianapolis 500 adventure came to an early end, after a period of working very hard for all involved staff. Lotus and Jean Alesi did a very difficult job by putting the team together in such a short time and one can not expect miracles. As Lotus thought might happen, both Alesi and Silvestra have been black flagged for struggling to meet 105 percent. After 9 laps in, both Alesi and Silvestra have been lapped. Their speed was 13mph off the pace. Jean Alesi now has a taste for the Indy 500: “I’ve had fantastic people around me. We were suffering with engine performance and had to pit. Would like to be back next year" Lotus will be working on giving him a competitive package next year. Image © Group Lotus PLC Lotus F1 Team comments on the Monaco Grand Prix 2012 Day 1, Thursday 24 May 2012 Kimi Räikkönen and Romain Grosjean took to the track for the first practice sessions on the streets of Monaco in mixed conditions today. A dry and warm morning session was followed by a mixed dry and wet afternoon session. Both drivers used new helmet designs today – images can be downloaded below. Alan Permane, Trackside Operations Director - Technical programme notes In FP1 we conducted evaluations of our Monaco setup and gained initial data of Pirelli’s soft compound. Kimi completed just his initial installation lap in FP1 as he found the Monaco steering setup not to be to his liking. FP2 saw lower fuel running than usual, focusing on qualifying specification performance of the soft and super soft compound tyres when the track was sufficiently dry. We also ran with the intermediate tyres on both cars. What we learned today: Our Monaco specification setup works well in both dry and damp conditions. Lotus Drivers Guide newsletter, issue 60, June 2012, page 3 The changed steering setup for Kimi was more to his liking for FP2. Kimi Räikkönen, E20-03 Free practice 1: No time set, installation lap completed Free practice 2: P19, 1:19.267, 25 laps Kimi: “It’s good to be back in Monaco even if we missed some running today. The steering wasn’t to my liking so the team changed it for me. It’s something you change for Monaco and there’s no way of knowing what it will be like beforehand. The car felt good in the second session, though it was obviously pretty slippery when the track was wet. I would have liked to have had more time in the car, but Monaco’s a track I know pretty well and it hasn’t changed much over the years. Let’s see what happens tomorrow.” Romain Grosjean, E20-04 Free practice 1: P2, 1:16.630, 22 laps Free practice 2: P2, 1:16.138, 19 laps Romain: “I think the car is suiting the track pretty well and I love Monaco, it’s good to be here and it’s nice to see so many fans. The car was looking good this morning and this afternoon – we are working in a good direction. Unfortunately it was a bit wet this afternoon and we couldn’t do all the programme we wanted to achieve but as we have a good baseline it shouldn’t be such a big deal. Let’s see what the weather will be like tomorrow and what we can achieve. I think that we are looking good in both conditions.” James Allison, Technical Director: “We’re happy with today’s performance as we came here with a certain amount of trepidation about whether our cars would be competitive. It was a disappointment to have missed the first session whilst we changed the steering setup on Kimi’s car, but he’s an old enough trooper to get himself up to speed on Saturday. The pace shown by Romain in both sessions was certainly encouraging. All the Monaco upgrades seem to be working well and the E20 is pretty happy around what is a very unique track.” Day 2, Saturday 26 May 2012 Romain Grosjean qualified in P5 whilst Kimi Räikkönen set the eighth fastest time in qualifying for tomorrow’s Monaco Grand Prix.
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