Lotus Racing’s Chief Technical Officer Mike Gascoyne has signed a five year deal with the team, which will see him at the team come the end of 2015.
The 47-year-old has a wealth of knowledge having previously worked with McLaren, Jordan, Renault, Toyota, Spyker and Force India before he joined the Lotus team in 2009 to help bring the famous name back to F1.
The Brit says it has always been his intention to finish his long F1 career with Lotus, the leading new team.
“Having started the team from scratch with Tony it was always my intention to finish my career here,” he said. “So it’s great to have formally agreed a five year deal.
“I’d like to extend my sincere thanks to Tony, Din, Nasa, Riad and the whole team, and I’m extremely grateful to everyone involved in Lotus Racing for having the confidence to take this into a long-term contract.
“We’ve had a great start to our partnership together, and I’m looking forward to continuing that for the next five years, and even beyond that.”
Team Principal Tony Fernandes was delighted to secure the opportunity to continue working with Gascoyne.
“Mike’s five year deal is a major announcement for the whole Lotus Racing team. It shows just how serious we are, not only about how far ahead we are setting our aspirations, but also as a reward to Mike for the incredibly hard work he and the team have already put in to get us from literally four people back in September ’09 to our current position as a serious F1 player with a very bright future ahead of us.
“On a personal level, I’ve really enjoyed the last year that we’ve been working together, and I’m very excited about working with Mike for many years to come.”