Lotus F1 Team was a British Formula One racing team. The team competed under the Lotus name from 2012 until 2015, following the renaming of the former Renault team based at Enstone in Oxfordshire. The Lotus F1 Team was majority owned by Genii Capital. Lotus F1 was named after its branding partner Group Lotus. The team achieved a race victory and fourth position in the Formula One Constructors' World Championship in their first season under the Lotus title. Lotus F1 achieved 2 race victories in their time on the grid, both courtesy of Kimi Räikkönen. The team was sold back to Renault on 18 December 2015. The Lotus F1 Team name was officially dropped on 3 February 2016, as Renault announced that the team would compete as Renault Sport Formula One Team.

Formula One, commonly known as Formula 1 or F1, is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The FIA Formula One World Championship has been one of the world's premier forms of racing since its inaugural running in 1950. The word formula in the name refers to the set of rules all participants' cars must follow. A Formula One season consists of a series of races, known as Grands Prix. Grands Prix take place in multiple countries and continents on either purpose-built circuits or closed public roads.