PETRONAS TO FUEL FI MALAYSIA

As widely expected, the 1 Malaysia F1 team has started sponsorship talks with national oil company Petronas apart from looking into jointly developing a line of engine oils and lubricants. Team principal Datuk Seri Tony Fernandes confirmed this although stressing that the motor racing team called Lotus F1 by the FIA remains a private venture. “We would love Petronas to sponsor us,” Fernandes told reporters at the sidelines of the Singapore F1 Grand Prix. The aviation tycoon who turned around Air Asia into a successful budget airline has hit back at critics of his Lotus F1 Team project saying that and it...