Lotus extend a warm welcome to the two teams that have been successful in their bids to join the Model Formula One grid next season.

Haas F1 and Stefan GP beat off competition from ETOMS, Aston Martin and Wolf F1, gaining the votes required in the second round of the ballot.

They will make up Band D of the competition next season and all at Lotus wish them the best of luck as they embark on their new challenge.

We are also encouraged by the fact that three other teams made it onto the ballot and others have shown interest in joining MF1.