The deal was finalised in early December 2010, with the team to be renamed Lotus Renault GP for 2011, under a sponsorship deal signed with Lotus Cars until 2017.
O acordo concluíu a principios de decembro de 2010, o equipo pasou a chamarse Lotus Renault GP para 2011, en virtude dun acordo de patrocinio asinado con Lotus Cars ata 2017.