Genii Capital (simply known as Genii and stylized as GƎИII) is an international financial advisory and investment firm.
Sponsorship[]
On 16 December 2009 it was announced that Genii were to purchase a large stake in the Renault Team. Genii beat Prodrive head David Richards to the deal. Genii was likely to merge the Renault Driver Development programme with its own Gravity Sport Management company, which manages drivers such as Ho-Pin Tung, who tested for the Renault team in 2009, as well as Christian Vietoris.
On 8 December 2010, Renault made public it would sell its remaining 25% share in the Enstone-based team, Renault F1 team, to Genii Capital, from that moment the sole shareholder. Group Lotus immediately became a partner of the team, renamed Lotus Renault GP. It was projected that the carmaker company would purchase a significant share of it. The team was known as the Lotus F1 Team from 2012 until 2015, when the team was sold back to Renault after the team experienced funding issues.
V T E | |||
Notable Drivers | |||
Personnel Éric Boullier · Nick Chester | |||
Cars E20 · E21 · E22 · E23 Hybrid | |||
See also Renault | |||