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9Lotus to expand involvement in Indy, GP2, GP3, GT and Le Mans racing

To say that Lotus has its hands full would be a gross understatement. In addition to the five new concept cars which the British automaker and engineering firm unveiled in Paris this year, Lotus is also expanding its racing programs in a big way. The House that Colin Built expressed its intentions to do so nearly a year ago, but as with the complete revamp of its entire product range, we didn't expect anything quite this drastic. Looks like we ought to be listening when the folks at Lotus speak.

11Report: FIA rejects new applicants, leaves USF1's slot vacant

American fans of Formula One racing will recall all too easily the debacle surrounding the USF1 team. A promising venture from the outset, the team started and stalled, but – after securing a slot on the grid for this season alongside newcomers HRT, Lotus and Virgin Racing – ultimately proved to have bitten off more than it could chew. Rather than pass the resulting vacancy on to any of the other bids waiting for their shot at the big league, the FIA has reportedly opted to leave the

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