May 31 (GMM) Tony Fernandes has denied he will have to change the name of his formula one team.

Despite the Malaysian millionaire Fernandes retaining the rights to the Team Lotus name after a court battle with Group Lotus, F1 chief Bernie Ecclestone suggested the actual chassis might need to be called something else - perhaps Caterham - in 2012.

Fernandes, however, denies this.

"We have the spirit of Team Lotus and the team has always raced with the Lotus chassis name. We are not changing," he is quoted in French by autohebdo.fr.

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