It has been confirmed that Lotus Racing has ended its engine partnership with Cosworth two years early, with a statement having been released by the Northampton-based manufacturer. At present, paddock gossip tips Renault as the most likely candidates to power the green and yellow cars in 2011.
The legendary Lotus team name made its return to Formula 1 at the start of 2010, having last been part of the championship under previous ownership in 1994. However, having been powered by Cosworth as well as Williams, Virgin Racing and Hispania this season, the agreement is now set to reach an early end.
'Cosworth has reached an agreement in principle with Lotus Racing whereby the team's Cosworth engine supply agreement will come to a conclusion at the end of the current Formula One season,' reads the statement.
'This agreement is subject to contract and until the agreement is signed neither party will be making any further comment.'
Let's hope Lotus made the right decision to drive the team forward and bring better results next season.
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