The Enstone based team chose to launch the machine in an online broadcast from its factory. It will be given some demonstration runs at Jerez tomorrow ahead of the start of winter testing on Tuesday.
Team boss Eric Boullier said:
"It's true that the team's reputation is good in terms of innovation and we brought through the last years some nice ones, and let's say some more delicate ones, but definitely we have some this year. The E20 keeps the traditional black and gold colours used by the original Lotus F1 team in the 1970s and 80s, and features prominent new sponsorship from Unilever brands Rexona and Clear."
"My biggest hope is obviously to bring this positivity back again and to make sure this team is again at the front of the grid and for many years and a long time. Also, to have all the people in Enstone enjoying life here and enjoying their passion for motor racing and F1. The fear is that we can have anything wrong which you cannot expect or handle and which would slow down this process."