Lotus confirmed it's 2012 name change to Caterham F1 on November 6th 2011.
Lotus has officially announced it will be re-named Caterham in 2012.
The FIA confirmed earlier this week Lotus had agreed to allow Renault, which is sponsored by Group Lotus, to use the name.
A statement issued by the team said: “Proton, Group Lotus, 1Malaysia Racing Team and its owner Tony Fernandes are delighted to announce that the legal dispute in the English Courts relating to the ‘Lotus’ and ‘Team Lotus’ brands has now ended amicably with the parties agreeing settlement terms earlier this month.
We look forward to bringing you Caterham F1 news and insights to you in 2012!
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