The Lotus Formula 1 team has appointed a new chief executive officer, with former Proton general manager Riad Asmat stepping up to the role.
The Malaysian-backed team, which is preparing to join the grid in 2010, made the announcement in the press conference at the Sepang circuit on Friday morning.
Team principal Tony Fernandes told a press conference: "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.
"I'm confident that his knowledge of motorsports coupled with vast experience will contribute to the success of the 1Malaysia F1 Team."
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