Gascoyne signs new 5-year Lotus deal

Mike Gascoyne has committed to Lotus until “at least 2015”, the new-in-2010 formula one team announced on Wednesday.

47-year-old Briton Gascoyne, one of the original members of the Malaysian owned team, is the chief technical officer.

“It was always my intention to finish my career here, so it’s great to have formally agreed a five-year deal,” said Gascoyne, who has formerly held prominent technical roles at Jordan, Renault and Toyota.

He said he will consider staying at Lotus “even beyond” 2015.

“I’ve really enjoyed the last year that we’ve been working together, and I’m very excited about working with Mike for many years to come,” added team boss Tony Fernandes.

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