Sunday, November 6, 2011

Lotus, Renault and Virgin F1 teams change names for 2012

Lotus, Renault and Virgin F1 teams change names for 2012

What's in a name. More than you might think, particularly in Formula One where two teams have been fighting for use of the Lotus moniker for a couple of years now. The battle, as you may recall, involves two outfits – neither of them directly owned by Lotus. One is based in Malaysia and licensed the name from Lotus' parent company, Proton, before subsequently "acquiring" the name from a third party that laid claim to it.

Autoblog, Lotus, Renault and Virgin F1 teams change names for 2012

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