UPDATE 1-Motor racing-Judge recognises both Lotus positions

Newswire

* Team Lotus allowed to retain name in F1 * Lotus Group can also use Lotus marque (Adds quotes, detail) By Alan Baldwin MONACO, May 27 (Reuters) - Formula One's rival Malaysian-backed Lotus teams both claimed victory in a London High Court battle over the use of the marque in grand prix racing on Friday. The judge ruled that Team Lotus, led by AirAsia aviation entrepreneur Tony Fernandes, could continue to compete under that name. However only Group Lotus, the sportscar maker and ...

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