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Lotus will reportedly confirm its switch to Renault engine power for the 2011 season during the August break.
The new Malaysian-backed team is currently equipped with Cosworth engines, but Italia Racing believes a team announcement is due within two weeks.
But just a week ago, Renault engine technical director Rob White said an announcement about the French marque's plans for 2011 is not imminent.
"We have the capacity to supply additional teams in the future and would be willing to do so if it was good for Renault and for the sport as a whole," he said.
"There has been speculation in the press, with different teams mentioned from time to time, but no announcement is imminent," added White.
The original Lotus team was powered by Renault engines between 1983 and 1986.
The new Malaysian-backed team is currently equipped with Cosworth engines, but Italia Racing believes a team announcement is due within two weeks.
But just a week ago, Renault engine technical director Rob White said an announcement about the French marque's plans for 2011 is not imminent.
"We have the capacity to supply additional teams in the future and would be willing to do so if it was good for Renault and for the sport as a whole," he said.
"There has been speculation in the press, with different teams mentioned from time to time, but no announcement is imminent," added White.
The original Lotus team was powered by Renault engines between 1983 and 1986.