Renault finally signs Lotus engine contract

As the dark Korea paddock emptied on Saturday night, word spread that Lotus has finally secured its engine supply contract for 2011.

It has been an open secret that the new Malaysian team is switching from Cosworth to Renault, but the naming dispute with Proton was believed to have held up the formalities.

But, whatever the current status of the dispute with Group Lotus, it seems the contracts were at last signed in the new Yeongam paddock late on Saturday.

Finnish driver Heikki Kovalainen would not confirm.

"If it happens it will be an interesting deal for our team," he told the Daily Mail.

After Renault, the next step will be the announcement of Kovalainen's new deal for 2011, with his current teammate Jarno Trulli also tipped to return next season.

"At the moment I don't want to talk about it anymore," Kovalainen insisted. "I think we have made good progress this year, so it is of course a very strong possibility for me to carry on here.

"That is all I can say at the moment," he added.