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Lotus becomes Lotus. Again
November 9, 2011
The long-running saga between Group Lotus and Tony Fernandes' 1Malaysia Racing Team has been brought to an amicable conclusion. In a joint-statement released earlier this morning, Proton, Group Lotus, 1Malaysia Racing Team and its owner Tony Fernandes announced that the legal dispute in the English Courts relating to the "LOTUS" and "TEAM LOTUS" brands had now ended with the parties agreeing settlement terms earlier this month.
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