1 malaysia racing

It was whilst watching Dragon’s Den on BBC TV the other evening that I started to wonder about the physical input (time, management, direction) given to those who successfully pitched their ideas. The financial element is, of course, clearly stated but as most of us know, any venture that is struggling to capitalise on its potential needs more than just hard cash and “association”. This was absolutely the case with the fancy dress business which was eventually taken-on by Duncan Bannatyne.

Just over an hour ago the High-Court case between Team Lotus and Group Lotus reached its conclusion and as we expected Mr Justice Peter Smith made his verdict in favour of Tony Fernandes' 1Malaysia Racing Team, who were judged to be the true owner of the 'Team Lotus' name and its iconic roundel.

Well it was perhaps the worst kept secret of the week, and yet the buzz and anticipation at this morning's press conference was palpable as the gathering of journalists awaited the Headmaster (Tony Fernandes). We'll bring you a separate report from Steve Hindle, who attended the conference plus some insights from his interview with Andy Noble, Sales and Marketing Director for Caterham Cars.