The FIA has officially confirmed that Lotus Renault, Team Lotus and Marussia Virgin will be allowed to change their chassis names for 2012.
Agreement was reached during Thursday's meeting of the Formula 1 Commission, and has now been formally announced by the governing body. The decision means the end of the Lotus name spat, as the ex-works Renault team fully renames after its title sponsor Group Lotus, and Tony Fernandes' squad switches from its current Team Lotus branding to Caterham, having bought the British sports car constructor earlier this year.
Marussia Virgin Racing also switches identity to become soley Marussia, the Russian small-volume car maker moving beyond having become a major backer of the squad last year.