Lotus auto news

Official: Lotus F1 Team reboots with 2012 E20 [w/video]

What's in a name? That depends who you ask. For the folks at Lotus, a name matters a great deal. That's why it fought so hard to regain control of its brand from the team now known as Caterham, and why it is launching racing programs in top series around the world under that same name. For the F1 team that has most recently adopted it, however, the name is less relevant than the winning form to which it hopes to return.

The outfit has won championships under the Benetton banner with Michael Schumacher behind the wheel, and as Renault with Fernando Alonso driving. Its track record has fallen off considerably since then, but this year it's back with new owners, new drivers and this, its new car.

Wearing the same black and gold livery as the R31 campaigned last year under the transitional Lotus Renault GP handle, the new car bears that same stepped nose employed by most of the teams on the grid so far to make the most of the latest technical regulations. In a nod towards continuity, the car is dubbed the E20 - as the 20th car to be built by the Enstone-based team - rather than starting from scratch with a new nomenclature.

The team's former owners at Renault continue to provide the engine that will power 2007 world champion Kimi Raikkonen in his the long-awaited return to F1 and his junior team-mate Romain Grosjean in his second stab at F1 after dominating the GP2 series, with former HRT race driver Jerome D'Ambrosio joining as test driver. Check out their new ride in the high-res image gallery above and the video after the jump.

Continue reading Lotus F1 Team reboots with 2012 E20 [w/video]

Report: CEO Dany Bahar looking for a buyer for Lotus

Reports this week out of London indicate that Lotus CEO Dany Bahar seeks a partner, or even a purchaser, for the Hethel firm. Malaysian automaker Proton currently owns Lotus, but Proton was taken over in January when Malaysian auto parts supplier DRB-Hicom bought the government's controlling interest. The trend with new ownership is to put every project on the table for review, and with Lotus in the midst of massive initiatives - Esprit, Elan, Eterne, new Elise and in-house V8 - it makes sense that Bahar isn't wasting time arranging options.

Although it's not exactly as if Bahar just started looking for a buyer. In summer 2011, Proton's position was shaky enough that Bahar publicly sought outside investment, with Toyota often mentioned as a hypothetical mate.

It is said that Bahar wants £500 million ($792 million U.S.), roughly two-thirds the amount Proton (via bank loans) was said in 2010 to be committing to the brand's revival. As one would expect, Chinese interests are suspected as potential buyers, but only one possible suitor has been named so far, that being Genii Capital, which owns the Lotus Formula 1 team.

Official: Lotus headed to Le Mans with Lola LMP2

The suitably rapid expansion of the Lotus Racing division is showing no signs of slowing down. The British marque has its own Formula One team, is supplying engines to the IndyCar Series, oversees both GP2 and GP3 teams, has competition versions of its road cars in various GT and rally championships, runs its own karting program, and offers enthusiasts top-notch trackday programs with the Evora GT and Exos/Type 125 single-seater. But that's not enough: now Lotus is gearing up to take on Le Mans.

The company was planning to design its own LMP2 racer, and it had snagged the designer of the 908 HDi away from the now-shuttered Peugeot Sport racing program. But that apparently didn't go quite as smoothly as planned, so Lotus has instead opted to back an independent team to run a second-tier Le Mans prototype on its behalf.

That team is Kodewa, headed up by former HRT F1 team principal Colin Kolles and his father Romulus. They'll be running a chassis built by Lola and powered by a BMW V8 prepared by Engine Developments - the same arrangement by which Lotus is powering its Indy program. The car, as you can see, features the same iconic black and gold livery as other Lotus racers, penned in this case by Daniel Simon - a former Volkswagen Group designer responsible for the Tron:Legacy lightcycles and the livery run on last year's HRT F111.

Look for the Lotus LMP2 to debut when the FIA World Endurance Championship kicks off here at Sebring in March, with a second car expected to join at Spa in May. Press release after the jump.

Continue reading Lotus headed to Le Mans with Lola LMP2

Report: Rubens Barrichello next F1 driver to follow Lotus to Indy?

There once was a time when Indy was considered not just a stepping stone to F1, but a viable alternative. Those were the days when proven grand prix drivers looking for a new challenge - drivers like like Nigel Mansell, Emerson Fittipaldi, Graham Hill and Mario Andretti - could take to America's fastest ovals and obtain glory on par with Europe's finest circuits. Those days may seem long behind us, but they could be coming back around.

The road to Indy's revival as a premier racing series is being paved with a number of developments. The reunion of the IRL and ChampCar series was one major stepping stone. The arrival of multiple engine suppliers this year is another. But what Indy really needs is big name talents instead of losing its stars to NASCAR. And it just might be getting what it needs, thanks in no small part to Lotus.

After bringing former F1 driver Takuma Sato to Indy, Lotus announced it had signed notable former grand prix pilots Jean Alesi and Sebastien Bourdais to IndyCar contracts as well. So who's next? Rubens Barrichello.

The elder statesman of the F1 grid, Barrichello was left without a ride when Williams showed him the door in favor of fellow Brazilian Bruno Senna. Now reports indicate that he is gearing up for a test drive with KV Racing, the team with which Lotus returned to American open-wheels a couple of years ago.

While Rubens has no oval-track experience and reportedly promised his wife he wouldn't try it, the 2012 schedule - having come a long way from the oval-dominated days of yore - includes only four speedways (those at Indianapolis, Texas, Iowa and Fontana, California), leaving Rubens with a real opportunity to contest the remaining dozen road courses and street circuits on the calendar.

Video: Lotus shows off slushbox equipped Evora S IPS

Lotus would like to sell more Evoras, and it's no secret that there are some customers who want to buy them, if not for the lack of an automatic transmission standing in the way. That hurdle's been cleared for 2012, with the Evora receiving the six-speed automatic that Lotus calls IPS, for Intelligent Precision Shift. Mechanically it is the same Aisin unit found in the Toyota Camry (paired with a supercharged version of Toyota's 3.5-liter V6) upgraded with Lotus electronics and actuators.

Company test driver Matt Becker gives it a whipping around the Lotus test track in the video after the jump. On top of the other upgrades the 2012 Evora gets, it doesn't look like anyone will be upset with the changes.

Continue reading Lotus shows off slushbox equipped Evora S IPS

Official: Kimi Raikkonen marks official return to F1 with Lotus test run [w/video]

Few drivers have caused the kind of speculation that Kimi Raikkonen has in the past few years alone. Will he take a Ferrari payoff and make way for Fernando Alonso? Will he find another ride in Formula One? Will he make it in the World Rally Championship? Will he make a real go of it in NASCAR? Will he ever come back to F1? And if so, with which team? Well, the speculation can now stop - or at least change focus - because the 2007 World Champion has officially returned to Formula One.

After signing on with the Lotus team (previously known as Renault, and before that as Benneton and Toleman), Raikkonen has had his first chance to get behind the wheel of a modern F1 car since leaving the Scuderia at the end of 2009. The test took place over the course of two days at the Ricardo Tormo circuit in Valencia, Spain. But since driving the current car with current tires would constitute an unfair advantage under the present regulations, Kimi was stuck driving the 2010 Renault R30 on demonstration tires (probably from the GP2 series) with a fresh coat of paint (and a new helmet design).

The acclimation run appears to have gone smoothly enough, but we'll have to wait until the start of the season in March to see if Raikkonen's still got what it takes. Then Raikkonen will be squaring off against a huge field of fellow former World Champions, including Sebastian Vettel, Fernando Alonso, Michael Schumacher, Lewis Hamilton and Jenson Button. Follow the jump to watch the video clip.

Continue reading Kimi Raikkonen marks official return to F1 with Lotus test run [w/video]

Official: Lotus ramps up Indy racing program with Bourdais and Legge

The only thing more ambitious than Lotus and its expansive new product plan is the company's racing program. In the span of just a few years, the British automaker has launched forays into Formula One, IndyCar, endurance sportscar racing and even karting, all with its own factory-backed works initiatives. And in true Lotus style, it's not showing any signs of slowing down any time soon.

In line with its ambitions, Lotus rolled into the Autosport International Show - the preeminent annual motorsport expo in England - with a whole mess of racing cars and programs to go with them. The firm's F1, GP2 and GP3 teams have all fallen under the new Lotus Racing banner and all will wear the same black and gold livery. A new Lotus Club GT offers the full racing experience to gentlemen racers with the money to pony up for a track-spec Evora, similar to the Type 125 customer single-seater that just underwent further development by the company's grand prix team. But the real news comes from the IndyCar program.

After five years of exclusively using Honda power, the IndyCar Series is switching to a new chassis next season and with it is bringing both Chevrolet and Lotus on board as alternative engine suppliers. Lotus is already contracted to power three independent teams - HVM Racing, Bryan Herta Autosport and Dreyer & Reinbold Racing - who will each choose their new livery from the Lotus back catalog of color schemes. Dragon Racing, however, has been selected by the factory as its new works team in the series, running the same black and gold livery as the F1 team.

The team is owned by Jay Penske (son of Roger Penske), and has just announced its driver lineup for the upcoming season, bringing multiple Champ Car champion and former grand prix driver Sebastien Bourdais on board together with Katherine Legge, another DTM and Champ Car driver eager to steal some of Danica Patrick's spotlight. With Lotus providing the motivation, the upcoming season of open-wheel racing in America is shaping up to be an interesting one. Follow the jump for the full announcement.

Continue reading Lotus ramps up Indy racing program with Bourdais and Legge

Report: DRB-Hicom to buy Proton

A deal has been reached to sell the Malaysian government's controlling, 43-percent stake in Proton Holdings Bhd to Malaysian conglomerate DRB-Hicom for $410 million. Rumors surrounding the deal have been in the news for a few months, with Proton's deteriorating profits leading to speculation about if the government would get out and who be the savior. Of course, the other big question was: what happens to Lotus in the event of a sale.

Analysts had uniformly suggested that Proton sell Lotus, citing Proton's sales difficulties and lack of synergies as more than enough reason. DRB-Hicom has interests in various industies from automobile and car-part manufacturing to ports and aiports, but doesn't provide any more synergies with Lotus than Proton alone.

However, with founder and head Syed Mokhtar so closely associated with the firm it could be that he decides to keep Lotus as a jewel in the corporation just because he can - Lotus could do its work in a quiet corner of the DRB-Hicom empire. The deal for Proton is expected to close in the second quarter of 2012, so it shouldn't be long before we find out the fate of the so-close-yet-still-so-far-away Esprit.

Report: Investors' advice to Proton: Sell Lotus

There's a lot of smoke going on over at Lotus, but we still have a while to wait before we get the first evidence of fire: the new Lotus Espirit and it's in-house V8 won't be here until 2013. On the other side of the world, there's a fair bit of smoke and fire happening at Malaysian automaker Proton, which owns Lotus.

The Malaysian government controls Proton and has been investigating a partnership for or sale of the company for a couple of years, but despite its efforts, it hasn't made any deals. The 28-year-old automaker has been losing large chunks of market share, and the government feels that sale to a well-funded global player would be the best solution to insure Proton's long-term future. Although it has named its chosen candidate for a purchase, it isn't clear if anyone has made any serious overtures to that end.

Outside observers believe the first thing Proton should do is get rid of Lotus. The mass-market Malaysian carmaker has almost nothing in common with the tiny, English niche sports car producer, and has done nothing but throw money at Lotus' carmaking arm since 1996 (Lotus Engineering, the technology consultancy, is profitable).

Proton has said it has no intention of selling Lotus. However, if Proton is sold then the new owners could reverse that stance. And if Lotus were unloaded, that puts everything CEO Dany Bahar has planned in serious doubt.

Official: Lotus Exige R-GT rally car gets first shakedown test

Lotus has been busily preparing its new Exige R-GT rally car, and the automaker just put the racer through its first shakedown tests in Turin, Italy. So far, the Lotus team is happy with the vehicle's progress, but testing will continue in 2012 as the company prepares to take on the 2012 FIA World Championship. Don't expect the Exige R-GT to take on too many gravel stages, however. Lotus says the rally car will lock horns with competitors in the FIA GT Class on the asphalt events in Monte Carlo, Tour de Corse and San Remo.

Lotus began working on its rally fighter in July, 2011, which is a pretty quick turn around for the vehicle's first shakedown run.

But the Exige R-GT Rally Car isn't the only tasty piece of news from the company. Lotus also fired up the company's IndyCar engine for the first time as well. Hit the jump for the full press release.

Continue reading Lotus Exige R-GT rally car gets first shakedown test