Group Lotus has no plans to enter Formula One, despite fighting to prevent its name from being deployed in the category next year.

Tony Fernandes' Malaysian-backed Lotus Racing entered F1 this year with its name officially licensed by Lotus Cars, the famous British sports car maker.

But with Lotus Motorsport moving into racing next year with the GP2 team ART, it has withdrawn the license from Fernandes, who has instead bought the separate Team Lotus name from 1976 world champion James Hunt's brother David.

The matter is now in the hands of the courts.

Suzuka, Japan 10th October 2010

12th and 13th places for Heikki Kovalainen and Jarno Trulli respectively are Lotus Racing's best race finishes of the 2010 season so far. Both drivers put in very strong performances throughout an action packed race, and the whole team is absolutely delighted to have taken such a significant step towards the ultimate goal of securing tenth place in the FIA Formula One™ World Championship. The morning's qualifying session had also gone very well, with Jarno lining up 19th and Heikki 20th, nearly a second ahead of the Virgin cars, and the double race finish is an excellent reward for the team's hard work, on and off track.

Kuala Lumpur, Malaysia / Los Angeles 7th October 2010

The leading new team in the 2010 FIA Formula One™ World Championship, the Lotus Racing Formula One™ (F1™) team, has signed a global representation agreement with Creative Artists Agency (CAA), an entertainment and sports agency.

Lotus Racing is laying the foundation for long-term success in the global phenomenon that is F1™, taking the challenge to established teams currently ahead of the Anglo-Malaysian squad.

World first for an automotive manufacturer as Lotus unveils entire new product line up and introduces the world to the new Lotus lifestyle.

We did it! At exactly 16.45 CET on September 30th 2010, via a live global webcast, surrounded by the world's press, Lotus made the ultimate statement of intent. Five new cars, two evolutions of existing models and a concept car. A new 360° motorsport programme featuring IndyCar, Le Mans, GP2 and much more. A sumptuous new magazine. A flashy new website. And a range of merchandise featuring not one, not two, but three separate clothing ranges.

Kuala Lumpur, Malaysia, 5th October 2010

Lotus Racing has today announced that the Anglo-Malaysian squad has agreed a deal with Red Bull Technology for the supply of gearboxes and hydraulic systems from the 2011 season and beyond. The announcement marks the next critical building block in the process of stepping up the team's challenge for honours in the FIA Formula One™ World Championship and is a major statement of intent about their future aspirations.