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Lotus F1 Team was a British Formula One racing team. The team competed under the Lotus name from 2012 until 2015, following the renaming of the former Renault team based at Enstone in Oxfordshire. The Lotus F1 Team was majority owned by Genii Capital. [1] [2] Lotus F1 was named after its branding partner Group Lotus. The team achieved a race ...
The team retained the Renault name for the 2011 season, [43] but starting in the 2012 season, Genii's primary sponsor, Lotus Cars, [44] [45] signed a deal to rename the team to Lotus F1. The team had no corporate connection to the old Team Lotus. To honor its hometown, the team's chassis designations all contained an "E" for "Enstone". [44] [46]
Added to that, Group Lotus are entitled to race in F1 using the historic black and gold livery and have the right to use the Lotus marque on cars for road use. In summary, the 2011 Formula One season had two teams running the Lotus name with Group Lotus entitled to use the name "Lotus" on its own while Fernandes's team used "Team Lotus". [12]
1.2 Renault F1 Team and Lotus Renault GP (2002–2011): The rise and fall of the first Enstone era 1.2.1 Purchase of and transition from Benetton Formula (2000–2001) 1.2.2 A promising first year under a new name (2002)
In 2011, Lotus Cars came on board as a sponsor, and the team's name changed to Lotus Renault GP, though still racing as just "Renault" for that season. [23] By 2012, Genii Capital had a majority stake in the team, and from 2012 until 2015 the team's name was Lotus F1 Team, after its branding partner, and it raced as "Lotus".
The ruling confirmed Fernandes as the owner of the Team Lotus name, having bought the rights to the name from Hunt. The court ruling stated that Group Lotus had sole right to use the name "Lotus" on its own, and could enter Formula One using "Lotus" for a team name, the black and gold livery, and the Lotus roundel.
Lotus Renault GP, the name of the Renault team in 2011 after acquiring Lotus Cars as a sponsor Team Lotus (2010–2011) , which used Renault engines in 2011 with the constructor name of Lotus-Renault Lotus F1 , the Formula One team which used Renault engines from 2012 to 2014 with the constructor name of Lotus-Renault
The deal with Lotus was extended for the 2012 season, with the team name adjusted to Lotus GP and the colour scheme now altered to match the black-and-gold livery used by the Lotus F1 team, the Renault name having been dropped and the dispute with Caterham solved.
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