Lotus Evora Type 124 Endurance Raceca

The new CEO of the Lotus Group has revealed greater ambitions in motor racing than only formula one.

Dany Bahar, once Dietrich Mateschitz's right hand man at Red Bull before switching to Ferrari, is now in charge of Lotus, whose name will be used by a new Malaysian-owned formula one team in 2010.

"We will investigate participation in Indycar series, GT and Le Mans racing amongst other series around the globe to demonstrate the shared technology," said Bahar in a media statement.

However, it was clarified that the Lotus F1 team will be separate from Group Lotus, and reports on Tuesday said the Malaysian carmaker Proton - the owner of Lotus - is looking over the team's license agreement for use of the name.

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