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’s great to have formally agreed a five year deal.
We’ve had a great start to our partnership together, and I’m looking forward to continuing that for the next five years, and even beyond that.
Team principal Tony Fernandes said:
Mike’s 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 ’09 to our current position as a serious F1 player with a very bright future ahead of us.