Lotus F1

Lotus F1 Team was a British Formula One racing team. The team has competed under the Lotus name from 2012 until 2015, following the renaming of the former Renault team based at Enstone in Oxfordshire. Lotus F1 Team was majority owned by Genii Capital later the French car manufacturer Renault. Lotus F1 Team was named after its branding partner Group Lotus. The team achieved a race victory and fourth position in the Formula One Constructors' World Championship in their first season under the Lotus title. The team was sold back to Groupe Renault on the 18th December 2015, Lotus F1 was officialy dropped on the 3rd February 2016, and announced that they would compete as Renault Sport F1.

Background

Origins

The team's Formula One history started in 1981 as the Toleman Motorsport team, based in Witney, Oxfordshire, England. In 1986, the team was renamed to Benetton Formula, following its purchase in 1985 by the Benetton family. In 1992/3, the team moved a few miles to a new base in Enstone. Michael Schumacher won the Drivers' Championship with the team in both 1994 and 1995. In 1995, the team also won the Constructors' Championship, with Johnny Herbert driving alongside Schumacher.