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Lotus F1 Team is a British Formula One racing team. The team has competed under the Lotus name since 2012, following the renaming of the former Renault team based at Enstone in Oxfordshire.Lotus F1 Team is owned by Luxembourg-based venture capital group Genii Capital.Lotus F1 Team is named after its branding partner Group Lotus. The team achieved a race victory and fourth position in the Formula One Constructors' World Championship in their first season under the Lotus title.ince 2011, Lotus Cars became involved with the team and the team was renamed, first to  Lotus Renault GP  for 2011 season, and then to Lotus F1 Team for 2012 season.
The Ferrari Formula One team was resistant to sponsorship for many years and it was not until 1977 that the cars began to feature the logo of the Fiat group (which had been the owners of the Ferrari company since 1969).errari teammates Schumacher and Barrichello finished first and second respectively in the Drivers' Championship, and Ferrari easily wrapped up the Constructors' Championship. Schumacher won 13 of the 18 races, and 12 of the first 13 of the season â both F1 records.