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2011 Lotus Renault GP livery

Lotus Racing has been on the grid for a season already, but that's not the "real" Lotus. Group Lotus, the corporate parent of Lotus Cars, won't be in F1 until next season--as new owner and title sponsor of the former Renault F1 Team, running under the new title "Lotus Renault GP."

Confused yet? It's no wonder, and the fight between Group Lotus owner Proton and Tony Fernandes' Team Lotus over rights to use the Lotus name continues. To confuse matters further, both teams plan to use variants of the black-and-gold John Player Special livery of the original Lotus F1 team cars of the 1970s and 1980s. Oh, and Lotus Racing is planning to change its name to Team Lotus.

Beyond that, things aren't much easier to grasp. Group Lotus' stake in the new Lotus Renault GP team comes via the sale of Renault's last remaining 25 percent stake in the team, purchased through Genii Capital, the majority owner of the team. The cars will still have to be called Renaults, however, due to FIA Concorde agreement rules.

Under the terms of the deal, Group Lotus will be involved with the new F1 team through at least 2017. Check out the full press release on page two for a complete lack of clarity.

[Lotus Renault GP]