Forget the distinctly non-PC humour surrounding the mystical powers of the lotus flower, virgins and HRT, the arrival on the grid of this trio of new teams bearing such names is certainly serious business. The team principals behind all three operations have staked not only their reputations on their survival, but a large portion of their fortunes, too.

In fact, a case could be made that Formula 1's future hinges on these teams, the first to come into the sport as start-ups since Toyota in 2002 – and we now know the Japanese giant threw around £3bn at Formula 1 between deciding to proceed, in 1999, and withdrawing at the end of 2009 without scoring a single victory.