A glorious name from Formula One's past will return next year with Lotus set to make a comeback as a Malaysian-owned team.
Lotus will replace BMW-Sauber as the 13th entry on the starting grid after the governing International Automobile Federation chose the new Lotus F1 team over two rival bids.
The new outfit will be a partnership between the Malaysian government and a consortium of Malaysian entrepreneurs and based initially in Britain with facilities also to be built at Malaysia's Sepang circuit.
Lotus will initially be based in Norfolk, near the original Lotus Cars factory.
The original Lotus won seven Formula One constructors' titles and six drivers' crowns between 1963 and 1978.