1999 Lotus Esprit V8 on 2040-cars

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Lotus signs Pastor Maldonado to replace Raikkonen

The team currently known as Lotus has had a long string of accomplished drivers behind the wheel, including world champions like Nelson Piquet, Michael Schumacher, Jenson Button, Fernando Alonso and Kimi Raikkonen. But Kimi is returning to Ferrari next season, leaving a big question mark over who would fill his seat. And now we have our answer.
Lotus has just announced that it has signed Pastor Maldonado to partner with Romain Grosjean for next season. The surprise winner of the 2012 Spanish Grand Prix has been driving for Williams for the past three seasons, signed after he won the GP2 title in 2010. Though lauded as an emerging talent, Maldonado is clearly not the accomplished champion Raikkonen is, however Lotus apparently needs the money which Maldonado brings with him in the form of sponsorship from the Venezuelan state oil company PDVSA.
Meanwhile, Romain Grosjean, also a former GP2 champion, has been with the team for some time now, starting as its test driver in 2008, promoted for one season to the race seat in 2009, and returning again in 2012. He's been the second driver at Lotus ever since, achieving career-best second-place finishes at the 2012 Canadian Grand Prix and 2013 United States Grand Prix. Whether it will be Grosjean (who gets the higher number) or Maldonado that emerges as the dominant force at Lotus remains to be seen. Scroll down for the complete press release.

Lotus Elise Sprint adds lightness to lightness

Lotus announced the introduction of a new Elise trim level that exemplifies founder Colin Chapman's famous phrase of "simplify and add lightness." The new Elise Sprint combines the weight savings of the current standard Elise, along with a number of Sprint-exclusive parts for what Lotus claims is the model's most significant weight loss yet of about 90 pounds over the old model, bringing the car's dry weight (not curb weight) to 1,759 pounds. The exclusive Sprint parts account for about 57 pounds of that loss. They include a lithium-ion battery, forged wheels, polycarbonate rear window, and carbon fiber for the seats, roll bar cover, engine cover, and access panel. Interestingly, the biggest savings come from the lithium-ion battery, which is roughly 20 pounds lighter than the normal battery. Lotus also includes the optional two-piece brake rotors and carbon fiber door sills to reach the 90 pound total. This all translates to slightly quicker 0-60 mph times for Elise Sprint models over their Sport counterparts. Both the 1.6-liter 134-horsepower Sprint and 1.8-liter 217-horsepower Sprint 220 models complete the run to 60 mph a tenth of a second quicker than the equivalent Sport versions, with times of 5.9 and 4.1 seconds respectively. The weight loss also results in a price gain. For either Sprint model, you'll end up paying an extra GBP5,000, which is a bit over $6,100 at current exchange rates. Of course, the Elise isn't available in the US anyway, so it's a moot point. Related Video:

Renault settles on Lotus, to take 65-percent stake in F1 team

Renault's coquettish moves toward becoming a constructor again have been news all season. The expected maneuver, should Renault say "Oui" to such, was for the French carmaker to repurchase the Lotus team - the team it sold at the end of 2010 to Genii Capital. Then last week we got the surprise news that Renault had been talking to Force India about taking a majority stake, but that information came with the context that Renault had discussions with several teams about such a move. Autosport reports that Renault has finally decided to get back together with Lotus, taking a stake worth up to 65 percent for 65 million pounds. The deciding factor was said to be the facilities that Lotus has available compared to Force India, including the Enstone factory formerly owned by Renault, plus a computational fluid dynamics program, driver-in-the-loop simulator, and a 60-percent-scale wind tunnel. The final shareholding stake will be split between Gerard Lopez at 25 percent and Renault ambassador Alain Prost at 10 percent. Renault will make a 7.5-million-pound payment immediately, completing the acquisition by paying 5.75-million-pounds per year for the next ten years. On top of that, Renault will invest a budget commensurate with those of Mercedes-AMG Petronas and Infiniti Red Bull Racing. The carmaker's board and CEO Carlos Ghosn have approved the deal, it is up to Lotus shareholders to agree to everything by Monday, when Autosport says the papers will be signed. The deal puts team drivers and the Red Bull engine supply in question. It should be expected for Romain Grosjean to remain, but keeping Pastor Maldonado is not a certainty. As for engines, Red Bull's engine supply contract states it must be Renault's priority, so Renault could stick with the Mercedes power unit Lotus currently uses for one more year, or help Red Bull get in bed with Mercedes. We should know more next week. Related Video: