The new partnership includes the supply by Cosworth of high-performance engines based on existing Toyota engines for future Lotus cars, plus the assembly by Cosworth of racing engines for all motorsport activities based on Toyota powertrains.
The first application of these race engines will be for the V6 engine in the new Lotus Evora Cup racing car.
Dany Bahar, chief executive of Group Lotus, said: ‘The ties between Lotus and Cosworth are, of course, already historical ones but our new strategic relationship is based purely on Cosworth’s competencies, brand and race-engine development capabilities.’
Tim Routsis, chief executive and managing director of Cosworth Group, said: ‘Our mutual history over many decades resulted in a great number of racing successes and I expect to see further triumphs, not only on the racetrack but also in the competitive high-performance sports car market.’
Engineering industry reacts to Reeves' budget
I´d have to say - ´help´ - in the longer term. It is well recognised that productivity in the UK lags well behind our major industrial competitors and...