Ill try for you, its actually very simple, its only the company names that cause confusion, if they were called A, B, C it would save the confusion. Ill explain everything though, so hopefully anyone knowing 'nout will be able to follow...
The stories start here in the Lotus Renault thread and F1Y has also thinned the mud, but ill try and explain the route cause...
...I own and run the company Grizzly Group. All my customers etc know me and refer to me as Grizzly Group, but actually Grizzly Group is simply a non-trading holding company or parent company that gives a banner to trade under. My company is actually split into several smaller companies: Grizzly Associates, Grizzly Estates, Grizzly Investments, Grizzly Partnership and Grizzly Services. Each a limited company, entirely separate legally, taxed independently and make profits/losses independently.
There are lots of reasons to do this, but one of the biggest reasons is, if for examples sake, Grizzly Investments makes a bad investment and looses $100 000 000, enough to put the company under. If i did all my business through one company, Grizzly Group, then Ive just lost everything. However, since the other parts of my business are all entirely separate companies, only the Investments wing goes under.
Go back a few decades and this is exactly what Collin Chapman, very wisely, did.
Parent company - Group Lotus, had several daughter companies, the important ones here for example being Team Lotus, the F1 team, and Lotus Cars, who made the 7, Elan, Esprit etc.
This is all Lotus, or 'Group Lotus', but problems in one company do not effect the other. So if the F1 wing went pop, it didn't take down the whole Lotus company. The Renault team is not THE company Renault, just as Virgin Racing is not THE company Virgin, they are new companies set up to deal solely with F1, supported by their parent companies.
So way back when all of Lotus Group was looking to sell up, Proton Bought many of the companies, including Group, but the F1 team was not sold to them, rather David Hunt, who actually took ownership of Team Lotus before they entered their last GP in '94.
So cut to 2009 and a Malaysian business man enters F1. Their title sponsor is Proton, Proton wish to use their Lotus banner and as is common practice, the title sponsor is incorporated into the team name. 'Lotus' is on the grid, but not the glorious 'Team Lotus' owned by British Businessman Hunt.
The rest is now 12 months of history of fall-outs, arguments and corporates vs individuals
did i help 
The stories start here in the Lotus Renault thread and F1Y has also thinned the mud, but ill try and explain the route cause...
...I own and run the company Grizzly Group. All my customers etc know me and refer to me as Grizzly Group, but actually Grizzly Group is simply a non-trading holding company or parent company that gives a banner to trade under. My company is actually split into several smaller companies: Grizzly Associates, Grizzly Estates, Grizzly Investments, Grizzly Partnership and Grizzly Services. Each a limited company, entirely separate legally, taxed independently and make profits/losses independently.
There are lots of reasons to do this, but one of the biggest reasons is, if for examples sake, Grizzly Investments makes a bad investment and looses $100 000 000, enough to put the company under. If i did all my business through one company, Grizzly Group, then Ive just lost everything. However, since the other parts of my business are all entirely separate companies, only the Investments wing goes under.
Go back a few decades and this is exactly what Collin Chapman, very wisely, did.
Parent company - Group Lotus, had several daughter companies, the important ones here for example being Team Lotus, the F1 team, and Lotus Cars, who made the 7, Elan, Esprit etc.
This is all Lotus, or 'Group Lotus', but problems in one company do not effect the other. So if the F1 wing went pop, it didn't take down the whole Lotus company. The Renault team is not THE company Renault, just as Virgin Racing is not THE company Virgin, they are new companies set up to deal solely with F1, supported by their parent companies.
So way back when all of Lotus Group was looking to sell up, Proton Bought many of the companies, including Group, but the F1 team was not sold to them, rather David Hunt, who actually took ownership of Team Lotus before they entered their last GP in '94.
So cut to 2009 and a Malaysian business man enters F1. Their title sponsor is Proton, Proton wish to use their Lotus banner and as is common practice, the title sponsor is incorporated into the team name. 'Lotus' is on the grid, but not the glorious 'Team Lotus' owned by British Businessman Hunt.
The rest is now 12 months of history of fall-outs, arguments and corporates vs individuals
did i help 
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