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Team Lotus name set to bid F1 farewell

After the wranglings throughout 2011, the Team Lotus name prepares to exit F1 following the Brazilian Grand Prix

The Team Lotus name is set to disappear from F1 again next weekend when the curtain comes down on the 2011 season in Brazil.

Following confirmation from the FIA of name changes for 2012, the Interlagos race will mark the final race for Tony Fernandes' team under the Team Lotus banner before it is rebranded as Caterham F1 for the new season.

Heikki Kovalainen and Jarno Trulli will hope to help the team wrap up tenth in the championship standings for the second successive season with a strong run at Interlagos and Fernandes admitted it would be a weekend of mixed emotions as his team bids farewell to the Lotus name after two seasons - having run at Lotus Racing in 2010.

"The Brazilian Grand Prix is a very important race for us for a number of reasons," he said. "On track we still have a fight ahead of us to secure our primary goal of the season, and we will also be saying goodbye to Team Lotus.

"Our stewardship of Team Lotus will come to an end in mid-December. In our short time as custodians of the brand we have had highs and lows but the fundamental point is that we brought Lotus back into Formula One and we did it in the right style. We have built up our Formula One team and all our associated businesses from a starting point of an empty factory in Norfolk in just two years, and now we have secured our future and are in control of our own destiny, and therefore we have achieved our first goal.

"After this race we will say goodbye to Team Lotus with very fond memories and then we will look forward to next year when the Caterham F1 Team will signal the start of the next chapter of our very exciting story.

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