Malaysian Formula One Team boss Datuk Seri Tony Fernandes, also the CEO of AirAsia, has renamed Team Lotus to Caterham F1 Team. The name change from Team Lotus comes after Mr. Fernandes’ Team Lotus Enterprises bought Caterham Cars.
The Caterham Seven is the original British lightweight sportscar created by Colin Chapman and launched as the Lotus 7 in 1957. The car embodies the Chapman design ethos of ‘adding lightness’. The low mass of the car makes it inherently agile, gives startling performance and, most of all, imbues the driving experience with its unparalleled sense of purity, control and reward. It is, quite simply, a motoring icon. In 1959, Graham Nearn’s Caterham Cars was appointed as a Lotus 7 dealer. In 1973, Caterham Cars purchases the rights to the 7 from Lotus. In 2011, Team Lotus Enterprises buys Caterham Cars.
Photo Credit: Flickr.