The recently renamed ByKolles team, which formerly ran as Lotus LMP, has revealed plans to field an updated version of its LMP1 contender in this year’s FIA World Endurance Championship.

The German team is working on a major update of the CLM P1/01 that made its debut at last September’s Austin WEC round and has made an application for one full-season entry in the WEC including the prestigious Le Mans 24 Hours.

Team co-owner Dr. Kolles revealed his hopes that the team could expand to two cars after the Le Mans 24 Hours in June.

The 2015-spec CLM will have new front and rear suspension, revised aerodynamics, a new gearbox and a significant weight reduction.

Director of operations Boris Bermes said: “We learnt a lot last year and we faced many challenges. “We made very good progress against the odds, but we were aware that significant improvements needed to be made for the 2015 season. The team has worked hard since the end of least season to produce, what I believe, to be a highly-competitive car.”

ByKolles have yet to set an exact date when they will unveil the revised car however it will be ahead of the official WEC test at Paul Ricard at the end of March.

Drivers will be announced in the next couple of weeks, Dr. Kolles explained.

Kolles also announced a co-operation with Austrian sports sponsorship company Yellowings, which will  “enable companies with smaller budgets or new start-ups to become involved in the exciting world of motorsport”.

Photo cerdit & Copyright 2014 Richard Washbrooke / AdrenalMedia.com.