F1's Enstone based team will keep the 'Lotus' name until at least 2017. It emerged late last week that the sponsorship agreement between the team formerly known as Renault, and the Proton-owned carmaker Group Lotus, has ended.
But the team will at least keep its new chassis name for the foreseeable future, the French sports daily L'Equipe reveals. "We are pleased to keep the name," said team owner Gerard Lopez, "because it's a great brand for F1."
Group Lotus confirmed: "The F1 team uses the strength of the Lotus name to promote themselves, and in return Group Lotus benefits from F1 exposure and the ambassadorship of its drivers." The carmaker confirmed that the "financial arrangement" between Group Lotus and the F1 team has ended.
L'Equipe said the Genii-owned team is currently in talks with a major North American company about becoming the new title sponsor. (GMM)
Lotus F1 Team keeps its name until at least 2017
- Published on 10 Apr 2012 11:09
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- By: Rob Veenstra
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Team profile
- Team name Lotus F1
- Base Enstone, United Kingdom
- Daniel Ricciardo 3
- Kimi Räikkönen 7
- Romain Grosjean 8
- Kimi Räikkönen 9
- Romain Grosjean 10
- Pastor Maldonado 13
- Pastor Maldonado 13
- Kevin Magnussen 20
- Nico Hülkenberg 27
- Jolyon Palmer 30
- Esteban Ocon 31
- Carlos Sainz jr 55
- 65,124 comments on Lotus F1
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