Group Lotus terminates its agreement
with GTI Racing Ltd.------ GTI ran the Type 115, an Elise-based
GT-1 race car, in the FIA-- GT Championship.------------------------------------------------------------------ Plagued by a sanctioning body ruling
which made the Lotus-- V8 turbo engine uncompetitive, the
GTI team switches to a 6.0- liter normally aspirated V8 as the
1997 season began, but------ never recovers its form.--------------------------------------------------------- .