Lotus has announced that they will be entering Formula One’s feeder series GP2. This will be the Group Lotus, the car company which is owned by Proton. It is not to be confused with the Lotus Racing team run by Tony Fernandes. Lotus will partner Nicolas Todt’s (son of Jean Todt) ART Grand Prix team next year.

Lotus plans to provide technical and engineering support for ART’s GP2 and GP3 race teams for an unconfirmed period. “We come together with a common goal: to continue our great success in motorsport,” said Lotus’ communications boss Gino Rosato.

“The goal is clear: winning together the future GP2 and GP3 championships. I can’t wait to see the new livery of our racing cars,” added ART team manager Frederic Vasseur. The ART team, a big player in the GP3 category, have already claimed the championship with Esteban Gutierrez this year. They have also had success with current Formula 1 drivers Lewis Hamilton, Nico Rosberg and Nico Hulkenberg in the GP2 category.

In the midst of this news, it has also been reported that the Lotus Racing Formula One team which is linked to a Renault engine supply deal in 2011 will be called Team Lotus starting from next year. Team Lotus was the name used in Lotus’ Formula One campaigns in the past. It has also been reported that Tony Fernandes has been successful in applying for a GP2 entry next year, under the name of Team Air Asia. The team’s entry has been approved until 2013.