27 May '11, 8pm

Team Lotus wins right to keep racing name in F1: Formula One followers were left with every excuse to feel c...

Team Lotus wins right to keep racing name in F1: Formula One followers were left with every excuse to feel c...

Team Lotus wins right to keep racing name in F1 In a detailed judgment, Mr Justice Peter Smith ruled that Team Lotus had the right to race in F1 as Team Lotus - and that car manufacturer Group Lotus had the right to use the Lotus name in association with another racing team. That meant they could continue to run in their classic black-and-gold livery with Renault, as they have done so far this year, in the Lotus Renault GP team. The court ruled also that Team Lotus, a 'new' Anglo-Malaysian outfit created to enter F1 in 2010 as Lotus Racing, had breached a licensing agreement with Group Lotus last year. Group Lotus announced they are seeking leave to appeal because they believe the judgement will cause confusion in the eyes of spectators and television viewers. In a statement, Group Lotus said: "Team Lotus has the right to continue to race in Formula One under the name Team...

Full article: http://sports.xin.msn.com/article.aspx?cp-documentid=4879505

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