In an announcement set to be before the Singapore Grand Prix, Lotus are to hold a press conference regarding their plans for the 2011 season, and it has almost been confirmed that they will be using Renault engines, after a split with Cosworth was confirmed today.

Lotus seem set to have Renault engines, and a different name in 2011
While the engines have been working well for Lotus this year, it is understood that they are unhappy with their current supply of gearboxes, and Renault will also sell them these units next year.
Also, they are believed to be announcing the change of their name to Team Lotus. This is because of the completion of the purchase of the name by Tony Fernandes, which should be completed soon.
Their press conference should cover different matters, such as sponsorship for next year, but it is clear that the team name and engine/gearbox supply will be the main points.
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