Group Lotus will no longer sponsor Lotus F1, according to Autosport.com. The manufacturer pulled its endorsement shortly after parent company Proton announced the sale of Group Lotus to DRB-Hicom. Additionally, Proton won't purchase 50 percent of the race team as previously agreed. The good news, however, is that Lotus F1 will continue to compete. Team owner Genii Captial has said it believes in the name, and that while it would prefer to not have to fund the team completely by itself, it is prepared to do so.
Autoblog, Lotus F1 no longer sponsored by Group Lotus, team to keep name
