Dany Bahar sacked by Group Lotus

Dany Bahar has been sacked by Group Lotus

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.

5 Comments

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5 responses to “Dany Bahar sacked by Group Lotus

  1. Mick

    What is the background to the suspension/sacking? I don’t understand the status of the involvement in F1 at the moment with the team bearing the Lotus name but not sponsoring them – very confusing.

    • Here’s some light shed on the reason of Dany Bahar’s suspension. The Mail Online has reported that parent company DRB-Hicom did not like the way the Lotus’ suspended top man used company’s money. This comes after an investigation done by Ernst & Young and a team Rothschild Group.

      Dany Bahar was found to have spent hundreds of thousands of pounds to spruce up his rented home. He was also said to have spent more than one million pounds on private aircraft to fly him to Formula 1 races and other global events.

    • Speedyerik

      I heard on from the commentators on dutch tv with thte indy race last wknd that he stole money from lotus so fund a rebuild on his private house. I’m looking everywhere to confirm this but found nothing but just a couple of words about lotus threw commentary on the race.

  2. Everybody knew from the start that Bahar would screw up…

  3. Genii capital, owner of the Lotus F1 team were once interested (probably still are) in buying Lotus cars

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