The historic Lotus name is poised to return to Formula 1 after submitting an entry for the 2010 championship.
The Norfolk-based Litespeed team have bought the rights to the name Team Lotus, which disappeared from F1 following financial problems in 1994.
Lotus won seven constructors’ crowns and six drivers’ champions, including Jim Clark and Graham Hill, during their golden era in the 1960s and ’70s.
The new Team Lotus has lodged an entry for next year as a “cost-capped” team.
They will use…Â Details
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