This week has seen Tony Fernandes' Lotus Formula 1 squad take on the historic Team Lotus name, just as Group Lotus joined up with ART. Adam Cooper unravels the Lotus versus Lotus situation

Lotus Racing is dead – long live Team Lotus. The return of the latter name to the Formula 1 grid next year completes the process of legitimising the organisation as the true successor to the team founded by Colin Chapman.

Tony Fernandes already had the support of the Chapman family and had chosen a symbolic base in Norfolk, but the name he really wanted had remained out of reach, until now.

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