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Lotus poised to sign deal with Toyota

ESPNF1 Staff
September 17, 2010 « Briatore comeback rumours gather pace | »
Lotus is set to make 'a number of very exciting announcements' in Singapore next weekend © Sutton Images
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Lotus is poised to announce a number of changes for the 2011 season, and these could include a tie-up with Toyota according to reports in the Italian media.

A Lotus spokesman said the team will be making "a number of very exciting announcements" in Singapore next weekend, and Autosprint claimed those would include a new technical cooperation with Toyota Motorsport, the Cologne-based organisation that raced in Formula One between 2002 and last year.

Toyota is currently supplying Pirelli with a 2009-spec test car, and has been linked with a technical collaboration for 2011 with HRT. But Autosprint reports that Lotus and Toyota are in fact set to team up, with Mike Gascoyne proving the crucial link between the two outfits. Several former members of Toyota's F1 team are now working with Lotus, such as sporting director Dieter Gass.

"We have to do something different and it will be done soon," Lotus supremo Tony Fernandes told the BBC at Monza last weekend. "Lots of negotiations have gone on over the last couple of weeks and we're very happy with the outcome."

It is expected that the current drivers will be retained for another season, and that Lotus Racing will take on the historic Team Lotus moniker for 2011 and beyond.

And according to the rumour mill, with the team's 2011 contract with Cosworth now dissolved, Lotus will be confirming an engine and gearbox deal with Renault.

© ESPN Sports Media Ltd.

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