The logo of French car manufacturer Renault is seen on an automobile in Vendenheim, North Eastern France, January 21, 2014. REUTERS/Vincent Kessler
PARIS (Reuters) - French car maker Renault on Monday announced it would buy a stake in the financially stretched Lotus Formula 1 motor racing team in a move that could allow it return as a team in time for the 2016 season.
Lotus, one of the sport's iconic names and the team that won world championships with Michael Schumacher and Fernando Alonso in previous guises of Benetton and Renault, has been hoping to be rescued by Renault.
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