Last Month, ZerCustoms says (in Lotus F1 Racing car) Lotus has announced yesterday the official name of its F1 Team, which will be called Lotus F1 Racing and released the first images of their new F1 car. The team will enter their Lotus F1 Racing car in the 2010 FIA Formula 1 World Championship and currently are conductin... Complete text here: Lo...

2 Months Ago, ZerCustoms says (in Lotus Elise Club Racer) Lotus has announced it will unveil the Lotus Elise Club Racer at the IAA show in Frankfurt. The Lotus Elise Club Racer is based on the 134 hp Elise S and the company says its high performance and low emission sportscar. The Lotus Elise Club Racer offers a 37.2 mpg or 7.... Complete text here: Lotus Eli...

6 Months Ago, ZerCustoms says (in Lotus name back in F1) Litespeed, a Norfolk-based team founded by two former Lotus engineers, announced that it has secured the rights to use the Lotus name for its next season F1 entry. The new Lotus F1 team will be based in Norfolk and will use the RTN facility. The commercial ambassador an... Complete text here: Lo...

And Autoblog says (in What's in a Name? Lotus to return to Formula One)  CA
Rights to use the name in motorsport reportedly belong to David Hunt, younger brother of renowned F1 driver/all-around lady's man James Hunt, who took over the former Lotus F1 team in 1994. Founded by the legendary Colin Chapman, the Lotus team went on ...

And Motorsport.com says (in Team Lotus set for F1 return with Litespeed)  Florida
They confirmed this weekend that they have been granted permission from rights holder David Hunt to use the Team Lotus name in 2010 and beyond. "Litespeed was born from a similar British background -- a factor that was at the core of Colin Chapman's ...