Jun.23 (GMM) Renault sponsor Group Lotus has apparently lost the right to appeal the outcome of the recent naming dispute.

In London's High Court last month, Tony Fernandes' separate Team Lotus formula one outfit won the court action concerning the use of the iconic name and logo.

Group Lotus reacted by saying it was "confident of success on appeal".

But Fernandes wrote on Twitter on Thursday: "Great day for Team Lotus in court. Interim costs awarded to us (and the) application for permission to appeal by Group Lotus rejected by Justice Smith."

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