Dec
10th
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From GMM
Lotus F1 Team is reportedly close to announcing a multi-million dollar title sponsorship deal with Honeywell, the American technology giant.
"It is thought the framework of the agreement is in place and a formal announcement pending," said Sportspro journalist David Cushnan on Monday.
The news follows Lotus' recent signing of a sponsor deal with Burn, the European energy drink label of the American beverage giant Coca-Cola.
After a five year absence, the United States returned to the F1 calendar this year with a highly successful race on a bespoke circuit in Austin, Texas.
Citing 'informed insiders', Cushnan said the Honeywell deal could be worth $30 million per year to Lotus.
Kimi Raikkonen of Lotus ranked third in this year's F1 World Championship and scored one victory.
Lotus F1 Team is reportedly close to announcing a multi-million dollar title sponsorship deal with Honeywell, the American technology giant.
"It is thought the framework of the agreement is in place and a formal announcement pending," said Sportspro journalist David Cushnan on Monday.
The news follows Lotus' recent signing of a sponsor deal with Burn, the European energy drink label of the American beverage giant Coca-Cola.
Lotus-Renault E20. (Photo: WRi2) |
After a five year absence, the United States returned to the F1 calendar this year with a highly successful race on a bespoke circuit in Austin, Texas.
Citing 'informed insiders', Cushnan said the Honeywell deal could be worth $30 million per year to Lotus.
Kimi Raikkonen of Lotus ranked third in this year's F1 World Championship and scored one victory.