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Lotus Esprit cancelled? [UPDATE]

Two years ago, we were gobsmacked when humble Lotus shocked the automotive world by wheeling out no fewer than five new models - admittedly in various stages of development - at the 2010 Paris Motor Show. The ambitious onslaught of new sheetmetal came at the behest of then-CEO Danny Bahar who aimed to broaden the British marque's appeal by dramatically expanding its portfolio. Bahar was later thrown out by new Malaysian owners DRB-Hicom in a management shakeup that seems to still be, well, shaking out. Bahar was deposed over accusations of financial wrongdoing and the controversial executive has fired back with a $10.6M lawsuit.
Against this chaotic background, a cornerstone of Lotus' revival plans hinged on the rebirth of its Esprit supercar (shown in 2010 concept form above). According to new reports, however, the Esprit has been cancelled, a victim of the company's uncertain finances and direction. Depending on which rumor you choose to believe, the two-seat coupe was slated to receive a house-built V8 and possibly turbocharging or hybrid power. That may all be moot now, however, as DRB-Hicom is reported to have scrapped Bahar's plans wholesale, a development that apparently includes killing off the mid-engined Esprit, too.
UPDATE: And this, friends, is why we have this story with a question mark and a Rumormill tag - Lotus is denying that the Esprit has been killed off.

Lotus Evora 'Sports Racer' is oddly named and fully loaded

Lotus has just announced a new Evora 'Sports Racer' model that is, well, frankly not much more sporty or racy than the standard Evora or Evora S. Instead, the British company calls the Sports Racer a "visually enhanced and optimized version" of both the Evora and supercharged Evora S. To unpack that a little: The new trim will get a new set of unique exterior colors and a revised interior treatment, and it's fully decked out with options.
The 'Sports Racer' will be available in the buyer's choice of Carbon Grey, Nightfall Blue and the Ardent Red that you see in the image above (the only image we've seen of the car so far). Gloss black accents set the model apart and can be seen on the roof, forged wheels, mirrors and rear badges. Inside, one may choose between black-leather sports seats with red piping and stitching, or a Venom Red leather interior with black piping and stitching. How naughty.
In terms of tech, the 'Sports Racer' gets Lotus' Sports Pack and its remapped throttle response, higher redline, more powerful cross-drilled brakes and a more aggressively programmed Dynamic Performance Management system. The stereo system is also upgraded from the basic Evora, with a DVD player and seven-inch touchscreen display thrown in for good measure.

Lotus F1 apologizes for tweeting support for LGBT Olympians

The Lotus Formula One Team is apologizing after its official Twitter account posted this image of two men kissing in connection to the opening of the Winter Olympics on Friday, February 7. It claims that the original tweet was "unauthorized."
The tweet, which Lotus deleted later that day, can be viewed to the right and was promptly replaced an apology that said, "We would like to sincerely apologise for an unauthorized message posted on our Twitter account today & will ensure this cannot happen again." Responses to the kerfuffle on its Twitter page have mostly focused on confusion as to what the original tweet was and why it was removed.
While the Sochi Olympics have been controversial among LBGT groups because of Russia's laws banning so-called "gay propaganda," the country has a growing importance in F1. In fact, the first Russian Grand Prix is scheduled to run later this season on a circuit around the Sochi Olympic Park. Genii Capital, the team's owner, has business interests in Russia, and according to the BBC, the Lotus F1 team is working on a deal to with Russian mobile phone company Yotaphone to sell it 10 percent of the team.