SHAH ALAM: National car maker Proton Holdings Bhd said its Formula 1 debut next year will not drain its resources because its team, Lotus-Renault GP, will be financed by Group Lotus.
Proton chairman Datuk Seri Mohd Nadzmi Mohd Salleh said Group Lotus, in which Proton has a majority stake, planned to spend RM74mil to RM99mil in advertising and promotions for Formula 1.
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