Does Lotus have an F1 team?

Previous name Lotus Renault GP
Next name Renault Sport F1 Team
Formula One World Championship career
First entry 2012 Australian Grand Prix
Races entered 77

Was Lotus a good F1 team?

Team Lotus also won the F1 World Championship for Manufacturers for a sixth time in 1973. The 72 raced in Formula 1 for five years, proving to be more successful than its supposed replacement, the Lotus 76. It was finally retired at the end of the 1975 season, as the Lotus 77 was prepared for the 1976 season.

When did Lotus become Renault?

For 2011, Lotus Cars became involved with the team and it was renamed, first to Lotus Renault GP, then for 2012 to “Lotus F1 Team”. The Lotus name initially returned to Formula One in 2010 through Tony Fernandes’s Lotus Racing team, which used the name on licence from Group Lotus.

Did Lotus F1 go into administration?

Lotus owed a lot of money in unpaid taxes which they couldn’t pay, so they were forced into administration and sold off to pay their dues. Formula 1 racing is an expensive venture, you need to be making tons of money to keep solvent.

Will Aston Martin join F1?

Aston Martin F1 Team (2021–)

In January 2020, a funding investment from Racing Point owner Lawrence Stroll into Aston Martin saw him take a 16.7 percent stake in the company. This resulted in the commercial rebranding of Racing Point UK’s Racing Point F1 Team into Aston Martin F1 Team for the 2021 season.

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Who drove for Lotus?

A list of Team Lotus Works F1 drivers who competed in over 10 GPs

Driver Seasons at Team Lotus Points
Richard Attwood 1969 3
Julian Bailey 1991 1
Jim Clark 1960 1961 1962 1963 1964 1965 1966 1967 1968 274
Elio de Angelis 1980 1981 1982 1983 1984 1985 119

Is Lotus owned by Renault?

LONDON (Reuters) – Renault have completed their takeover of the Lotus Formula One team and paid debts to creditors including the British tax authorities, the London High Court heard on Monday.

Is Lotus an administrator?

Lotus cleared of insolvency proceedings following Renault takeover. Insolvency proceedings brought against the Formula One team Lotus have come to an end. … HMRC had applied to put the Oxfordshire-based F1 team into administration over unpaid bills relating to PAYE (income tax and National Insurance).

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