This could cause something of a problem for Mr.Gascoyne next year.They have already given up their rights to use their current name and if this report is true they cannot use the Lotus name in any shape or form.
"The Lotus Formula 1 team is facing the threat of possible legal action over its rebranding as 'Team Lotus' next season, as the row over the team's name moved up a gear on Monday.
Group Lotus parent company Proton said it would take 'all necessary steps' to protect its brand after claiming that Lotus F1 boss Tony Fernandes has no right to use the 'Team Lotus' name in Formula 1 next year."
"Tony Fernandes has no rights to use the Lotus brand in the 2011 Formula 1 season, and we will strongly resist any attempts by him to use our brand without our permission and will withdraw our sponsorship of the Lotus Racing team."
http://www.autosport.com/news/report.php/id/87038
"The Lotus Formula 1 team is facing the threat of possible legal action over its rebranding as 'Team Lotus' next season, as the row over the team's name moved up a gear on Monday.
Group Lotus parent company Proton said it would take 'all necessary steps' to protect its brand after claiming that Lotus F1 boss Tony Fernandes has no right to use the 'Team Lotus' name in Formula 1 next year."
"Tony Fernandes has no rights to use the Lotus brand in the 2011 Formula 1 season, and we will strongly resist any attempts by him to use our brand without our permission and will withdraw our sponsorship of the Lotus Racing team."
http://www.autosport.com/news/report.php/id/87038