Renault deal 'pretty much done', says Lotus owner

A Lotus Formula One mechanic pushes the car of Lotus Formula One driver Pastor Maldonado of Venezuela during the first practice session of the Hungarian F1 Grand Prix at the Hungaroring circuit, near Budapest, Hungary July 24, 2015. REUTERS/Bernadett Szabo

LONDON (Reuters) - Talks with Renault for the takeover of the struggling Lotus Formula One team are almost done, according to owner and principal Gerard Lopez.

"I understand that Renault still have some things which they need to clear with Formula One and FOM (Formula One Management), but as far as we are concerned we are pretty much at a deal now," he told Sky Sports television.