Lotus team principal Tony Fernandes has started a new GP2 team.
Team Air Asia has been accepted to compete in GP2 and GP2 Asia from 2011 to 2013.
GP2 series boss Bruno Michel said:
Team Air Asia [...] is a new team built on a strong relationship with a current Formula One team presided by Tony Fernandes.
The seriousness of their presentation, their ambition and their worldwide project were really appealing and in line with what we expect from all our teams. We are very happy to welcome an Asian team to our paddock.
Fernandes’ Air Asia airline currently sponsor Williams but their backing is expected to switch to Lotus next year.
The Junior Lotus Team already competes in World Series by Renault, using the same colours as the T127 F1 cars.
British team Carlin is the other new addition to the GP2 grid for 2011. Arden, ART, Addax, Dams, iSport, Ocean, Racing Engineering, Rapax, Coloni, Super Nova and Trident have all been retained.
Read more: Lotus team information