Lotus terminates Cosworth deal
But has yet to announce Renault as their new engine supplier. Which makes this less a news story then restating what we already knew unofficially as official. Although I guess the deal with Renault is technically unofficially official as well.
As of midnight on November 30th, 2010, Cosworth will no longer supply Lotus F1* with engines. This is seen as a move to pave the way for Renault to step in and sign on the dotted line.
From Cosworth statement via Autosport:
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"The decision to bring the partnership to an early termination has been driven by the team’s desire to solve reliability and performance issues unrelated to the Cosworth engine. Lotus Racing and Cosworth have agreed settlement terms satisfactory to both parties to secure an early termination of the agreement. Cosworth wishes Lotus Racing success in the future, and will continue to supply engines to AT&T Williams, Virgin Racing and HRT in 2011, thereby supporting 25% of the teams in Formula 1.
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*I’m still trying to work out a good nickname for Lotus… “Not Team Lotus” Lotus F1… The REAL Team Lotus F1… We don’t need to stinking “team” to be Lotus… see not so good, however a team with as much noise as they’ve had recently definitely need a nickname.
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