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 teamโs 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.
"
*Iโm still trying to work out a good nickname for Lotusโฆ โNot Team Lotusโ Lotus F1โฆ The REAL Team Lotus F1โฆ We donโt need to stinking โteamโ to be Lotusโฆ see not so good, however a team with as much noise as theyโve had recently definitely need a nickname.
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