Lotus F1

Lotus F1 Team was a British Formula One racing team. The team competed under the Lotus name from 2012 until 2015, following the renaming of the former Renault team based at Enstone in Oxfordshire. The Lotus F1 Team was majority owned by Genii Capital. Lotus F1 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 Renault on 18 December 2015, The Lotus F1 Team name was officially dropped on 3 February 2016, and announced that they would compete as Renault Sport Formula One Team.BackgroundOriginsThe 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.