![]() ![]() It agreed a sponsorship deal with the Renault team for 2011 and terminated its licensing agreement with Fernandes.įernandes then reverted to the historic Team Lotus name, having bought the rights from businessman David Hunt - brother of 1976 world champion James Hunt - who had purchased the rights to the name in 1994 after the team ran into financial difficulties. The dispute over the Lotus name in F1 began in 2009, when Fernandes entered a team in F1 using the name Lotus Racing, under licence from Group Lotus.Īt that time Group Lotus had made it clear to Fernandes that it did not own the rights to the name Team Lotus.īut the two parties soon fell out, with Group Lotus deciding it wanted to promote its brand in F1 with a more established team. It added they would "work together on future projects in the automotive field". The row was between car company Group Lotus, owned by the Malaysian company Proton, and Fernandes, who owns the Caterham sportscar company.Īn announcement on Wednesday said the dispute between the two parties had "ended amicably". November 2011 - F1 commission ratifies request from Renault and Team Lotus to change team names again for 2012.May 2011 - High Court rules Team Lotus can race under the Lotus name but that Group Lotus also have rights to use moniker if they enter team in F1.January 2011 - A court date is set as the two teams row over who has the right to use the Lotus name in F1.December 2010 - Lotus Group announce title sponsorship deal with Renault team.September 2010 - Lotus Racing announce they will race as Team Lotus in 2011 after Fernandes buys rights to the name.March 2010 - Lotus name returns to F1 grid as Tony Fernandes christens his new team Lotus Racing.
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