Formula 1

Lotus open to name change for Renault partnership

Renault could be joint partners with both Lotus & Red Bull (©GettyImages)
Renault could be joint partners with both Lotus & Red Bull (©GettyImages).

Lotus would consider changing it's name back to Renault in a bid to gain the automaker's support current owner Gerard Lopez has revealed.

The Enstone based team is looking to forge a Red Bull style tie-up with Renault with team boss Eric Boullier telling the official F1 website: "I do believe in the concept of Renault having two teams they count on -- Red Bull and us."

Lotus have been in the news a lot recently after comments by Kimi Raikkonen in Singapore stating that the reason why he chose Ferrari over Lotus for 2014 was purely financial. Indeed Lopez did accept the next move for Lotus was important.

"Ideally, we need to get the support of an automaker," he told France's Auto Hebdo.

"It gives significant weight in the political arena of F1, and in the relations with investors and shareholders," said Lopez.

"I would not mind if the team has to change its name," he revealed.

"It doesn't matter whether it's called Genii, Lotus, Renault or something else."

Money could well be another key part of any future tie-up though Lopez has been highly critical of Raikkonen since he made those comments last weekend.

"He had it all," said Lopez. "A competitive car, the support of the team, unparalleled comfort.

"Like last year, not everything was paid on time, but he did receive all of his money in the end (in 2012). We do not have a budget like some of the other teams, so we have to have prioritise.

"I thought Kimi did not return to Formula One for the money, but it is clear that the opposite is actually true," added Lopez.

"From now on, it's no longer our problem. In the end, we are not able to compete with teams that are willing to do anything to get a contract with a driver."

On the track Lotus have suggested they could ditch the passive DRS device they have been running for much of the 2013 season.

"No, it probably won't be seen again this season," said the team's trackside boss Alan Permane.

"We have not given up on it, but it still doesn't work perfectly," he told Germany's Auto Motor und Sport.

"And we simply don't want to spend any more time on it.

"Our technical department is now working more or less exclusively on the car for next season," Permane revealed.

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