Categories: F1 News, Reports and Race ResultsLotus F1

Grosjean rooting for Lotus buy-out by Renault

Romain Grosjean is hoping that a deal will soon be struck between Renault and Genii Capital for the buy-out of Lotus F1.

The French driver was a happy camper after Spa last Sunday, having achieved a surprising but well deserved podium finish on the back of a faultless and impressive drive.

Bailiffs move in at Lotus at Spa

While the team's cars and equipment remain impounded in Belgium, pending a resolution of a financial conflict brought about by former Lotus reserve driver Charles Pic, Grosjean has been enjoying the moment, although uncertainties remain regarding the team's immediate future.

"It's not an easy situation," Grosjean told French broadcaster Canal+. "I said in Hungary that the team was for sale, and when a team is for sale, its owners won't make any investments."

"We are therefore in a waiting period, which is difficult for everyone. But on the other hand, if Renault takes over - and we're crossing our fingers this happens - it could lead to a great story and adventure."

Questioned at Spa on Renault's commitment and time frame, company Ambassador Alain Prost stated that a decision would intervene sometime in September.

Click here for Sunday's gallery of the Belgian Grand Prix at Spa-Francorchamps.

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Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.