Cosworth agreement paves way for Lotus-Renault deal

Lotus will not be powered by Cosworth in 2011, the British independent engine maker has announced.

After the Italian grand prix at Monza, team owner and boss Tony Fernandes hinted strongly that a deal had been struck to end Lotus’ existing engine deal so that the cars could be powered by Renault V8s next year.

Cosworth confirmed that an agreement to end its collaboration with Lotus has been reached “in principle”.

“This agreement is subject to contract and until the agreement is signed, neither party will be making any further comment,” the statement added.

German reports on Sunday quoted Cosworth’s managing director Tim Routsis as saying the marque would like to sign another customer team for 2011.

 © RIF | GMM