Caterham F1 Team began life in September 2009 when shareholders Tony Fernandes, Kamarudin Meranun and SM Nasarudin were granted their entry into the 2010 FIA Formula One World Championship. Just six months later the team saw both cars classified in the season opening Bahrain Grand Prix, a platform which served to propel the team, then on track under the guise of Lotus Racing, to the position of fastest new team in F1. 2011 saw the team race as Team Lotus, successfully achieving its goal of winning tenth place in the Championship and closing the gap to the established midfield teams ahead.

For 2012 Caterham F1 Team is the new, long-term identity the team will race under and the new home for Russia’s Vitaly Petrov, who joins Heikki Kovalainen as one of the team’s two race drivers aiming to join some of the most famous names in global motorsport as they challenge for honours in Formula One.