2008 Lotus Elise California Collectors Edition 21k Miles on 2040-cars

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Lotus F1 Team promotes Joylon Palmer for next season

After letting its longtime protege Romain Grosjean go to the Haas F1 team, Lotus has named his successor for next season. Driving for the team as it transitions back to being the Renault factory outfit will be one Jolyon Palmer, the current reigning GP2 champion and possibly one of the best-poised drivers to make it into Formula One. The 24-year-old Brit has been steadily working his way up the formula racing ladder, winning races in Formula Two and GP2 over the past several years before winning the latter title last season. During that victorious campaign he also served as a test driver for Force India, before switching to Lotus this season and getting 10 grand prix practice sessions under his harness. Jolyon's own experience undoubtedly sealed the deal, but his upbringing surely put him in a prime position to make it in single-seater racing. He's the son of former F1 driver Jonathan Palmer, himself a past Formula Two champ before completing half a dozen seasons in Formula One. It's what the elder Palmer's been up to since leaving the grid, however, that's put the son in such a strong position. As head of MotorSport Vision, Jonathan Palmer controls five major racing tracks across the UK – including BrandsHatch, Outlton Park, Snetterton, Cadwell Park and the Bedford Autodrome. He also runs a couple of trackday programs, founded the now-defunct Formula Palmer Audi series and continues to operate the FIA Formula Two Championship, the BRDC Formula 4 Championship, and the British Superbike Championship. All of which gave young Jolyon plenty of room to run as he developed his career. Will that be enough to put the young Palmer in a position to win next season? Only time will tell. But he arrives at a pivotal time for the team, which is expected to transition back from the privately held Lotus operation to Renault's hands, running once again as the factory team – but saddled with an engine package that has been underperforming against the competition. One way or another, it ought to be an interesting time to be in Enstone. 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:

Lotus pulled 55 pounds out of the Exige and added power to create this Sport 380

The hard-core Lotus just got harder. Or maybe corier? Anyway, the Lotus Exige Sport 380 is the most extreme iteration of the Elise and Exige yet. It hits 60 mph in 3.5 seconds, has even more downforce than the Sport 350, and weighs a full 55 pounds less than that car if you opt for the lightweight exhaust. With a curb weight of 2,425 pounds, that weight reduction means something. Mass was pulled out of a variety of places on the car, including the front splitter, front "hood" insert, wing, and diffuser surround, all of which are rendered in carbon fiber and save a cumulative six pounds. Swapping the rear glass to polycarbonate reduces weight by two pounds, a lithium-ion battery in place of the standard one removes 23, the carbon racing shell seats cut 13, and lighter wheels and brake discs lower the total by 22. Lotus even messed with the lights on the back, going from four big ones to two and making do with smaller fog and reverse lights, saving just over half a pound. That optional titanium exhaust saves an additional 22 pounds. And it's not like the Sport 350 was a porker. As the name suggests, there's more power coming from the supercharged and heavily massaged 3.5-liter Toyota V6. The Sport 380 makes 375 horsepower and 302 pound-feet of torque, up from 345 and 295 in the Sport 350. The 380 accelerates to 60 mph in 3.5 seconds (down from 3.7) regardless of which transmission you choose, but we highly recommend the six-speed manual over the auto, if only for its fantastic and beautiful exposed linkage. Tweaks to the aero package keep drag in check while increasing downforce by about 60 percent over the Sport 350, for a total of 309 pounds at top speed. Which, if you're curious, is 178 mph for the manual, 170 for the auto. So another vote for the three-pedal version. We'll have to remain curious, though, because sadly the current Exige is still not available in the US in any form, nor will it be. But Lotus is working on a new one that should arrive in a couple years to join the rejuvenated Evora lineup – the fantastic Evora 400 and upcoming, fantasticker Evora Sport 410. Related Video: Featured Gallery 2017 Lotus Exige Sport 380 View 14 Photos Image Credit: Lotus Lotus Convertible Coupe Lightweight Vehicles Performance