Former Team Lotus employees Peter Collins and Peter Wright organized a deal to take over the team from the Chapman family and in December the new Team Lotus was launched with Mika Häkkinen and Julian Bailey being signed for the 1991 season to drive updated Lotus 102Bs with Judd engines.
Os ex empregados do equipo Lotus Peter Collins e Peter Wright chegaron a un acordo para facerse cargo do equipo da familia Chapman e en decembro o novo Equipo Lotus foi presentado con Mika Häkkinen e Julian Bailey como pilotos para a tempada 1991 no actualizado Lotus 102B, con motores Judd.