Lotus F1 strikes timely deal

Formula One team Lotus has agreed a two-year sponsorship deal with Richard Mille.

The agreement with the watchmaker, which has become the team’s official timing partner, takes effect from this weekend’s Spanish Grand Prix in Barcelona.

Richard Mille branding will appear on the Lotus car and the overalls of drivers Kimi Raikkonen and Romain Grosjean. In addition, the company will produce a limited edition Lotus-themed wristwatch.