No AirAsia branding for Lotus - Fernandes

Tony Fernandes’ ’AirAsia’ brand is unlikely to feature on the livery of his new formula one team Lotus in 2010.

Instead, AirAsia logos are still seen prominently on Williams’ FW32 car, with its CEO Fernandes instead advertising his investment firm Tune Group on the green T127.

"AirAsia is already well established. And we already have a contract with Williams," said Fernandes, one of Malaysia’s wealthiest men according to Forbes magazine.

"I don’t think AirAsia will be on a Lotus car," he added.