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Group Lotus will be back in Formula One in 2011 after Renault sold its last remaining stake in its team.

Renault sold a majority stake to Genii Capital last year and the sale of its remaining stake back to the private investment firm has allowed Group Lotus to buy into the team, with the Renault cars being re-branded Lotus Renault GP from 2011 and running with the iconic JPS black-and-gold livery.

The pair have entered into a “comprehensive strategic alliance”, according to an official statement.



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Lotus Officially Returns To Formula One

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