A meeting of the Formula 1 Commission has given the green light to the name change requests submitted by Team Lotus, Renault and Virgin Racing, finally bringing an end to the overly long and ugly dispute that has soured the return of the Lotus name to the grid.
From 2012, this means that Team Lotus will be known as Caterham, Renault will become Lotus and Virgin Racing will become Marussia.
The changes require final sign-off from the FIA World Motor Sport Council before it’s officially ratified, but that body only has the power to accept or reject – but not amend – the proposal. Given that FIA President Jean Todt sits on the F1 Commission and the WMSC, this should be a mere formality.
No official announcement will be made until after the WMSC meets on 7 December, but it still means that the ongoing confusion over the use of the ‘Lotus’ moniker can finally be put to bed.