+1 whether people like it or not Fernandes paid good money to license the Team Lotus name and is well within his rights to do so.
License? He bought Team Lotus Ventures.
+1 whether people like it or not Fernandes paid good money to license the Team Lotus name and is well within his rights to do so.
Team Lotus Ventures was licensed to use the mark by Group Lotus which was later revoked, hence the court case.License? He bought Team Lotus Ventures.
Team Lotus Ventures was licensed to use the mark by Group Lotus which was later revoked, hence the court case.
Don't talk rot.Team Lotus have every right to use the Team Lotus name, Group Lotus have no rights to it at all. Its as simple as that.
Don't talk rot.
Team Lotus was created as an offshoot of Lotus Cars (then Lotus Engineering). Group Lotus exist as an offshoot of Lotus Cars. So one's more valid than the other, because it was created first? Even though it was no longer being used?
My point wasn't that Fernandes has no right to use the Lotus name, it was that he has no more right than Group Lotus. I'm sorry, but a lot of sentiment for the fact that Team Lotus seem like nice guys seems to be clouding everyone's views as to who deserves to use it.
Frankly, it makes more sense to me if Team Lotus were called Caterham, as that's a company they actually own, and two companies with the similar names is just silly. It has nothing to do with who has an actual connection to the original Lotus name.
Plus, Fernandes is a very likeable chap
Looks like it a total sell out of the Team Louts name to Group Lotus. To say I am disappointed is an understatement.
http://hosted-p0.vresp.com/843201/b7d630976e/ARCHIVE
Well, what would be the point in Tony hanging onto the Team Lotus name?
The 'fight' only happened because Bahar figured he could bully his way into owning the name without paying for it. Since all that ruckus started, Tony bought Caterham and now has a name that he can build a legacy from. Whereas Genii-LOLtus-Renault are now going to be consumed by pointing back at all those great Team Lotus days and jumping up and down shouting 'that's us you know!' all the while sliding backwards down the grid