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@bq
Ignoring the fact that the race team is really Renault/Bennetton/Toleman I'd say it works on an emotional level, expecially with the JPS colours, and that's fine with me.
It may not be Team Lotus, but Fernandes' effort wasn't either - they just bought the name from David Hunt, who bought it from the receivers. It was nothing to do with Chapman's team.
It's connection with the road car company makes it a more legitimate Lotus team than Caterham.