Overnight rumours from the Korean Grand Prix paddock claim that Lotus and Renault have finally inked a deal to see the French engine builder supply its powerplants to the Lotus has apparently secured Renault engines for use in 2011 Malaysian-owned team for use next season.

It’s been a well-known secret that the Tony Fernandes-run squad would switch from Cosworth to Renault power next season, but the ongoing dispute with Proton over naming rights has apparently held back further announcements, including the team’s driver line-up for 2011.

But despite the ongoing protractions, it seems that the deal is all but done and simply waiting to be announced, and sources close to the team believe that this will occur at the Brazilian Grand Prix.

Lotus had recently announced it had secured the use of Red Bull Racing’s gearbox and hydraulics systems for use next season, but such an arrangement would only prove successful for the outfit if it could use the same engine as the championship-leading squad as well.

It is also believed that both Heikki Kovalainen and Jarno Trulli have signed contracts to continue with the team next season, although neither has formally confirmed any deal.

[Original image via AUTOSPORT]

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Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.