Lotus Racing announced today that it will be using a black and gold colour scheme for its race machines next year, which brings the company back to its old colour scheme such as the one found on the John Player Special Lotus 97T Formula One car shown above.

“When we first unveiled our 2010 car there was unanimous praise for our decision to bring the historic green and yellow livery back to the modern F1 grid. I know the return to the track of the legendary black and gold will be met with even more universal support as it strikes such an emotional chord with fans around the world,” said CEO Riad Asmat.

Apparently fans will be able to get a chance to participate in the design of next year’s livery through some kind of competition, but exactly how will only be announced later. What we know for now is the winner of the competition will join the team at their first test next year to see next year’s car with the new livery out on the track for the first time.

What do you think – do you prefer a green and yellow colour scheme or a black and gold colour scheme? I am quite a fan of the green and yellow look but it’s premature to say which one looks better as we’ve yet to see a finalized new black and gold livery yet. Share in the comments your thoughts!