Team Lotus to Change Name in F1

Team Lotus is preparing a neat exit from its naming dispute with Lotus Group in Formula 1, as the Norfolk-based organization will reportedly undergo a name change, in addition to securing a new title sponsor, that is to be confirmed on Wednesday.

According to the GMM news agency, a multitude of sources have now confirmed that Tony Fernandes, the team principal of Team Lotus and owner of AirAsia, has recently completed the purchase of British carmaker Caterham Cars.

In addition to that move...

Source: http://www.autoevolution.com/news/team-lotus-to-change-name-in-f1-34717.html

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