Helmets off to Mr Bahar

Helmets off to Mr Bahar

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Discussion

RFD111

Original Poster:

8 posts

152 months

Tuesday 13th March 2012
quotequote all
Q. Why would you leave no 2 at Ferrari to go to no 1 at Lotus? A. The global marketing of "Lotus" in the last 12 months has been way beyond the current product line up, so what? Mr B, the marketeer, has now managed to shrug off Proton, got a "Lotus" F1 team that will finish top 5 in 2013 & got some the big Eastern boys thinking (i.e. China, Russia & Japan)where else can you buy a worldwide prestige motoring brand? Discuss.

Scuffers

20,887 posts

281 months

Wednesday 14th March 2012
quotequote all
RFD111 said:
Q. Why would you leave no 2 at Ferrari to go to no 1 at Lotus? A. The global marketing of "Lotus" in the last 12 months has been way beyond the current product line up, so what? Mr B, the marketeer, has now managed to shrug off Proton, got a "Lotus" F1 team that will finish top 5 in 2013 & got some the big Eastern boys thinking (i.e. China, Russia & Japan)where else can you buy a worldwide prestige motoring brand? Discuss.
since when was he No.2 at Ferrari?

bobo

1,710 posts

285 months

Wednesday 14th March 2012
quotequote all
the proof will be in the pudding ... in a month or two when the deposits/partners are announced.

saying that, geneva is the best and most diverse lotus stand i have seen in, well, since the s1 was announced.

mustn't grumble, could have been yet another bunch of s2's in a very limited edn paint jobs and an evora ips.



zthomasz

80 posts

186 months

Wednesday 14th March 2012
quotequote all
bobo said:
the proof will be in the pudding ... in a month or two when the deposits/partners are announced.

saying that, geneva is the best and most diverse lotus stand i have seen in, well, since the s1 was announced.

mustn't grumble, could have been yet another bunch of s2's in a very limited edn paint jobs and an evora ips.


Errr, I think you'll find that the cars in geneva were a fait accompli when Mr Bahar arrived. The only thing Bahar has managed has been to delay them.

bobo

1,710 posts

285 months

Wednesday 14th March 2012
quotequote all
i take it that's not a helmet off then?


zthomasz said:
Errr, I think you'll find that the cars in geneva were a fait accompli when Mr Bahar arrived. The only thing Bahar has managed has been to delay them.

RFD111

Original Poster:

8 posts

152 months

Wednesday 14th March 2012
quotequote all
I think it may be helmets off at the end of March, when Lotus Cars are sold again. Mr Bahar, ex vice president of Ferrari will have then have a few hundred mil to play with.

1981linley

937 posts

154 months

Wednesday 14th March 2012
quotequote all
Scuffers said:
RFD111 said:
Q. Why would you leave no 2 at Ferrari to go to no 1 at Lotus? A. The global marketing of "Lotus" in the last 12 months has been way beyond the current product line up, so what? Mr B, the marketeer, has now managed to shrug off Proton, got a "Lotus" F1 team that will finish top 5 in 2013 & got some the big Eastern boys thinking (i.e. China, Russia & Japan)where else can you buy a worldwide prestige motoring brand? Discuss.
since when was he No.2 at Ferrari?
Maybe he meant Bahar was a st at Ferrari!

Has anyone ever left a no2 at Ferrari...I have...at JCT Leeds.

He has a point though....Bahar is doing a good job...I thought he'd be short, fat and bald until I saw him on TV too. Impressed that he is young and stylish. That German bird he has set on to sell the clothing range is tasty too. He as also employed a guy called Wolf....cool.

zthomasz

80 posts

186 months

Thursday 15th March 2012
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RFD111 said:
I think it may be helmets off at the end of March, when Lotus Cars are sold again.
They would have to find a buyer first.

RFD111 said:
Mr Bahar, ex vice president of Ferrari
Would you please stop pretending that Bahar was vice president of Ferrari? He was "Vice President for the Commercial and Brand Department at Ferrari SpA". A "vice president" of a company isn't like a "vice president" of a country. A company will have dozens of vice presidents.

RFD111 said:
will have then have a few hundred mil to play with.
How did you work that one out? Where is this "few hundred mil" coming from?



Thorburn

2,407 posts

200 months

Thursday 15th March 2012
quotequote all
Just to throw some fuel on the fire: http://www.seloc.org/2012/03/lotus-no-longer-payin...

It seems Group Lotus are no longer paying to sponsor the Lotus F1 Team...

Genii takeover anyone?

RFD111

Original Poster:

8 posts

152 months

Saturday 7th April 2012
quotequote all
Lotus get free advertising and race drivers acting as ambassadors for their product -that shows the power of the Lotus brand. It will be interesting to see what drb and their auditors make of the business plan, either way it will not be the end of Lotus, just another change in ownership and more investment

Scuffers

20,887 posts

281 months

Sunday 8th April 2012
quotequote all
RFD111 said:
Lotus get free advertising and race drivers acting as ambassadors for their product -that shows the power of the Lotus brand. It will be interesting to see what drb and their auditors make of the business plan, either way it will not be the end of Lotus, just another change in ownership and more investment
what are you smoking and can I have some please?

marshalla

15,902 posts

208 months

Sunday 8th April 2012
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RFD111 said:
Lotus get free advertising and race drivers acting as ambassadors for their product
Like they had before the Bahar plan began ?

hellem

29 posts

256 months

Tuesday 10th April 2012
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Bahar's F1 involvement in 2010 signed up to buy 50% of RenaultF1 team ends in this statement from the owner:
Lotus F1's team owner Genii Capital has ended its formal relationship with the marque.
"We funded the team last year and the year before for whatever delta was missing.

In other words they did/could not pay their commitments. And Lotus is running in GP without any support/links from Group Lotus. Sound like Caterham in recent years.... Bahar came saw and screwed around and could not pay!

And in Indy racing:
Lotus's late start was compounded by the parent company being bought by DRB-Hicom from Proton in January, which caused its finances to be temporarily frozen.

Same no/insufficiant money.

Mr Bahar is a pure marketeer without the least notion of what it takes to run a business........

As for the new cars being promised......, we can only wait, see and doubt.

Finaly Genii Capital owner when asked if he would be interested to buy Group Lotus:
Lopez said: "We don't know yet, because we really do not know what the new owner wants to do with it."

There is hope because Lopez will sack Bahar and some of his highly payed "co herts" for incompetence before visiting Hethel.

It's not "Helmets off to Mr Bahar" more f..k off to Mr Bahar............My 2cents

RFD111

Original Poster:

8 posts

152 months

Tuesday 10th April 2012
quotequote all
So the the consensus of the discussion seems to be that when the helmet is off Mr Bahar, we are left with a bit of pr.ck, who left a bit of a mess at Ferrari and is now p.ss.ng over Lotus. I get the points.

RYH64E

7,960 posts

251 months

Tuesday 10th April 2012
quotequote all
It's all looking a bit 'TVR' to me, sadly.

rubystone

11,254 posts

266 months

Tuesday 10th April 2012
quotequote all
RFD111 said:
So the the consensus of the discussion seems to be that when the helmet is off Mr Bahar, we are left with a bit of pr.ck, who left a bit of a mess at Ferrari and is now p.ss.ng over Lotus. I get the points.
But you seemed soooooooo sure...soooooo sure that you defended this position several times in this very thread....rearrange these words 'And Mirrors Smoke'. But not sure he fked up Ferrari...it was already known for its rather tacky merchandise....

Thankfully Lotus has its design office as an asset...but as we know, the main assets of that are rather transient and can walk out of the door any time....

I love Lotus and what it has always stood for. There are a heck of a lot of good people there, some of whom it has been my great pleasure to meet and spend time with. They are all committed to the company (note my avoidance of the use of the word 'brand').

Perhaps Mike Kimberley might fancy another tilt at it?

bobo

1,710 posts

285 months

Tuesday 10th April 2012
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Wow, since everyone on this thread is so informed can anyone tell me lotus debt position pre bahar including ongoing liabilities?

rubystone

11,254 posts

266 months

Wednesday 11th April 2012
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bobo said:
Wow, since everyone on this thread is so informed can anyone tell me lotus debt position pre bahar including ongoing liabilities?
Sure. The extent of Group Lotus' losses has never been disclosed. They were absorbed into the Proton Group's balance sheet. Plenty of rumours though, but nothing substantiated. I am not sure why you use the term 'ongoing liabilities' though; surely all liabilities are assumed to be 'ongoing' unless written-off...which they would be if anyone were to buy them....

I don't think anyone (not me, at least) is suggesting that Bahar has brought them to their knees, simply that his plans were a little too ambitious, given their published timeframes, and too costly to implement.

ads_green

838 posts

239 months

Wednesday 11th April 2012
quotequote all
Actually iirc it was zero - to proton anyway.
Lotus had negotiated its debt to be written off as part of the evora release/production.


ads_green

838 posts

239 months