Caterham Cars
The Caterham Group was set up after Fernandes purchased British sportscar manufacturer Caterham Cars. Team Lotus, although forming part of the group, continued to compete under the Lotus name for the 2011 Formula One season. The team's name was eventually changed to "Caterham F1 Team" at the end of 2011, it also competed under the Caterham brand in conjunction with the Caterham Racing Junior Team which competed in the GP2 Series.