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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 ...
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]
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.
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]
On 3 December 2015, Renault announced that they had purchased the Lotus F1 Team and were preparing for the 2016 season with further information to be released in early 2016. [56] As Renault returned to Formula One as a full-works constructor team, Red Bull Racing was officially demoted to Renault's customer team and thus received TAG Heuer ...
Lotus in Formula One can refer to: Team Lotus, the original Lotus team that competed from 1954 to 1994; Pacific Team Lotus, competing in 1995; Team Lotus (2010–2011) Lotus F1, a team that competed from 2012 to 2015, later purchased by Groupe Renault
The name under which Team Lotus (2010–2011) competed in the 2010 Formula One season; See also ... Lotus F1, participant in Formula One from 2012 until 2015
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.