Cosworth has announced it will not supply engines to Lotus in 2011.
The engine supplier released a statement saying:
Cosworth has reached an agreement in principle with Lotus Racing whereby the team’s Cosworth engine supply agreement will come to a conclusion at the end of the current Formula One season. This agreement is subject to contract and until the agreement is signed, neither party will be making any further comment.
Lotus are believed to be chasing a Renault engine supply for 2011.
Team principal Tony Fernandes expressed frustration at suffering another gearbox failure during today’s Italian Grand Prix. This is believed to be the key motivating factor behind the change of engine which will also come with a supply of gearboxes.
But he was keen to stress his satisfaction with Cosworth’s engines when he posted the following on Twitter today:
Jarno has some gear issues. Boy I hate this gearbox. [...] It’s such a shame on gearbox and back of engine. Cosworth is a good engine. [...] Jarno retired gearbox. Oh well. Making decisions easier.
Image © Lotus F1