Lotus chief technical officer Mike Gascoyne has extended his contract with the team for five more years.
Gascoyne said he intends to finish his career with the team:
Having started the team from scratch with Tony it was always my intention to finish my career here, so it?óÔé¼Ôäós great to have formally agreed a five year deal.
We?óÔé¼Ôäóve had a great start to our partnership together, and I?óÔé¼Ôäóm looking forward to continuing that for the next five years, and even beyond that.
Team principal Tony Fernandes said:
Mike?óÔé¼Ôäós five year deal is a major announcement for the whole Lotus Racing team.
It shows just how serious we are, not only about how far ahead we are setting our aspirations, but also as a reward to Mike for the incredibly hard work he and the team have already put in to get us from literally four people back in September ?óÔé¼Ôäó09 to our current position as a serious F1 player with a very bright future ahead of us.