Group Lotus And Cosworth Announce Strategic Partnership

Group Lotus and Cosworth Announce

Strategic Partnership

Two of Britain's most renowned automotive names to become

closely associated through a strategic partnership looking at

the opportunity to develop high performance engines for

Lotus road and race cars

The new partnership includes the supply by Cosworth of high performance

engines based upon existing Toyota engines for future Lotus cars and the

assembly by Cosworth of racing engines for all motorsport activities which are

based on Toyota powertrains. The first application of these race engines will

be for the V6 engine in the new Lotus Evora Cup racing car.

Dany Bahar CEO of Group Lotus commented, "The ties between Lotus and

Cosworth are, of course, already historical ones but our new strategic

relationship is based purely on Cosworth's competencies, brand and race

engine development capabilities. This new strategic partnership will align two

of the most renowned names in the automotive world and will be of huge

benefit for both organisations."

Tim Routsis, CEO & Managing Director of Cosworth Group said, "I am

delighted that the Cosworth name is once again linked to Lotus through this

new strategic partnership and these new high performance engines. Our

mutual history over many decades resulted in a great number of racing

successes and I expect to see further triumphs not only on the racetrack but

also in the competitive high performance sportscar market, where Lotus is

already acknowledged as a world leader."