Lotus owners not ruling out name change to Renault 25 September, 2013 Gerard Lopez Lotus team owner Gerard Lopez has confirmed that his team is hoping that auto giant Renault offers works-style support to the Enstone based outfit from 2014 onwards. In an interview with Formula 1′s official website, team boss Eric Boullier this week also alluded to a tie-up with the French engine supplier. “I do believe in the concept of Renault having two teams [to] count on – Red Bull and us,” he said. Lopez said that taking the next step is in fact crucial for Lotus. “Ideally, we need to get the support of an automaker,” he told Auto Hebdo. “It gives significant weight in the political arena of Formula 1, and in the relations with investors and shareholders,” said Lopez. “I would not mind if the team has to change its name,” he revealed. “It doesn’t matter whether it’s called Genii, Lotus, Renault or something else.” Undoubtedly, amid reports of high debt and financial strife, Lotus could also do with the money. (GMM.) Related NewsLotus: A boost before going into summer breakGrosjean: I leave the door open to any nice optionLotus: Not a great day for usLotus: There’s more potential in the carMaldonado would welcome JPS back at LotusGrosjean: I want to win races and soonLotus give hint of intent to keep GrosjeanGrosjean admits Formula 1 future uncertainLotus: We struggled to get a good balance on the carLotus: It’s clear that we lack pace SuperSeven Hmm… Is somebody getting desperate for cash? Without the works support, are Lotus ready to fold? M451 You were Renault to begin with. delfino I absolutely HATE how some teams change their name almost every freakin’ year! Make up your minds already! And if this Lotus/Renault team would now change their name into “Genii” then I would really just laugh so hard :D! That would probably be the most idiotic and ridiculous team name in the history of F1. Coll If the name of the team doesn’t matter, then why did they fought about Lotus name with Tony Fernandes in the first place? This is why it is important that big name like Lotus should be used by right people and not used for wrong reasons.