The team's assets were then bought by David Hunt, brother of 1976 Formula One champion James Hunt, who announced that the Lotus name will be used by Pacific Grand Prix under the name Pacific Team Lotus.
Os activos do equipo foron comprados por David Hunt, irmán do campión de Fórmula 1 de 1976 James Hunt, quen anunciou que o nome de Lotus sería utilizado por Pacific Grand Prix baixo o nome Pacific Team Lotus.