1Malaysia F1 Team appoint CEO

Riad Asmat

KUALA LUMPUR: Malaysia’s Lotus Formula One team appointed Riad Asmat as chief executive yesterday.

Riad, who was general manager at Proton Holdings Berhad overseeing its motorsport programme, will take charge at the team included as the 13th entry on the starting grid for next season.

The Malaysian-backed team, launched last month, are aiming for a roll out of the new car in mid-February to test it before the season opener in Bahrain in March.

“Riad’s expertise, which is a good blend of both corporate experience and motorsports knowledge, will provide the dynamic and success-oriented leadership that the Malaysian team requires,” team principal Datuk Seri Tony Fernandes told a news conference in Sepang.

“I’m confident that his knowledge of motorsports coupled with vast experience will contribute to the success of the 1Malaysia F1 Team.”

“All of us in the 1Malaysia Formula One Team understand that this is a very important first step for the nation,” Riad said.

“We’ll make it our key objective to build a very strong and robust  foundation moving forward.” — Reuters

Comments are closed.