The yet to be officially named Caterham F1 Team has taken the wraps off the logo it will use for the 2012 season, as the team known as Team Lotus bids farewell to its name and undergoes another rebranding.
The Tony Fernandes owned team entered Formula 1 in 2010 known as Lotus Racing, before being rebranded as Team Lotus in 2011.
But the year was dominated with legal battles over the ‘Team Lotus’ moniker, with Fernandes locked in a dispute with carmaker Group Lotus – which sponsored the then-named Renault F1 team – over who actually had the right to use the name.
Fernandes won the High Court battle, but later ceded the rights to the name, allowing the Renault F1 team to apply to rebrand itself ‘Lotus F1’, while Fernandes elected to rename his team ‘Caterham F1 Team’, having recently acquired the Caterham car company.
Fernandes has confirmed that the Caterham F1 team will run in the same green and gold colour scheme he has used for the past two years, while the Lotus F1 team will use the black and gold scheme it used in 2011.