Cosworth and Lotus terminate engine deal

Three teams will continue to be powered by Cosworth engines in 2011, the independent British company has announced.

At Monza, an agreement "in principle" was reached between the Northampton based marque and Lotus to end their current engine deal.

That termination has now been signed, paving the way for Lotus to switch to Renault power for 2011 and 2012.

"Cosworth's support for Lotus Racing will cease at midnight on 30 November 2010," confirmed Cosworth.