Dany Bahar has been sacked as CEO of Group Lotus, a couple of weeks after he was put on suspension.
A statement from the company said: “The decision was made by the board of Group Lotus plc following the results of an investigation into a complaint made against him by the company’s penultimate holding company, DRB-HICOM Berhad.”
Aslam Farikullah has become the company’s chief operating officer with immediate effect.
Bahar had instigated a number of motor racing programmes at Lotus, including the sponsorship of the F1 team that shares the name, which was terminated for this year, plus the disastrous Indycar involvement.
Bahar came to Lotus after a rollercoaster career that saw him have involvements with Sauber, Red Bull and Ferrari. He did not always part company on good terms with those organisations.
He filled the Lotus hierarchy with a number of his old Ferrari contacts, and it will be interesting to see what now happens to them.