Pastor Maldonado has been retained by Lotus for next season.
The 30-year-old Venezuelan, who was involved in a collision with McLaren's Jenson Button in Sunday's Singapore Grand Prix, has been offered a third season with the Enstone, Oxfordshire outfit.
Cash-strapped Lotus are currently in talks with French car manufacturer Renault over a buy-out deal.
Maldonado said: "It's great that the team can confirm my position as race driver for 2016.
"Obviously, there has been a lot of speculation about the future and whilst I have remained focused on my job on track it is also positive to know that my future is confirmed.
"This season has presented us with some challenges but the quality of the squad at Enstone is clear to see.
"I really feel part of the family at Enstone and I'm looking forward to building on the work done this year to deliver better results in 2016."
Source: PA
