
The FIA has officially confirmed that Renault, Team Lotus and Virgin will be allowed to change their chassis names for 2012.
Agreement was reached during Thursday's meeting of the Formula One Commission, and has now been formally announced by the governing body.
The decision means the end of the Lotus name spat, as the ex-works Renault team fully renames after its title sponsor Group Lotus, and Tony Fernandes' outfit switches from its current Team Lotus branding to Caterham, having bought the British sportscar constructor earlier this year.
Virgin Racing also switches identity to become Marussia, the Russian car-maker having become a major backer of the squad last year.