Lotus boss Gerard Lopez has confirmed that a proposed takeover of the team by Renault is "pretty much there".
The French manufacturer's buyout of the Enstone-based outfit has dominated many of the headlines in Formula 1 during the second half of the season, but the deal has yet to be finalised, despite Renault signing a letter of intent.
However, Lopez has revealed the takeover is now close to completion ahead of the 2016 season.
He is quoted by Sky Sports F1 as saying: I think we're pretty much there with Renault. I understand that Renault still has some things which they need to clear with Formula One and the rights owner FOM, but as far as we're concerned, I think we're pretty much at a deal now.
"I will still be a co-owner, but not to the same extent that I am now. I won't be saying goodbye, because I was asked to stay. Should a deal come about, then I will continue to be there."
Lotus will also bid farewell to Romain Grosjean next weekend, when he drives his final race in Abu Dhabi for the team before joining Haas.
Chris O'Keefe
