are reporting that Group Lotus will announce Thursday at the Los Angeles Auto Show that it will put its name on engines for the new IndyCar rules set to debut in 2012.
Lotus had been widely tipped for an association with Cosworth, given that the British race engine builder is part-owned by Kevin Kalkhoven, whose KV Racing Technology IndyCar team already has a technical partnership with Lotus. However, in recent days, European media rumors had speculated that Alfa Romeo was also trying to brand Cosworth IndyCar engines.
Group Lotus – the car company owned by Malaysian manufacturer Proton, not the Formula 1 team owned by Tony Fernandes that licensed the Lotus name this year – has been steadily ramping up its motorsports efforts. It has already announced plans to build aero kits for the 2012 Dallara IndyCar chassis, which will be built at a new factory in Speedway, Ind., and also plans to build an LMP2 sports prototype.
Lotus-badged engines would join Chevrolet and Honda in the IndyCar fold for 2012.