News Details

Renault helped Lotus survive tax hearing

Renault helped Lotus to survive a crucial court date on Monday, as the two sides continue to drive towards a team buyout deal. Financially-crippled Lotus headed straight from Monza to the London high court, where the British tax authorities pressed for the Enstone team to be put into administration. The case, surrounding an unpaid tax bill, was adjourned until September 18 – the day of Friday practice ahead of the forthcoming Singapore Grand Prix. 'It appears Lotus were saved for now by representatives of Renault at the hearing,' wrote Telegraph correspondent Daniel Johnson. A deal between Lotus and Renault, however, still has not been done. Auto Motor und Sport said the reason for...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Lotus head for Monza hoping for good news

The Lotus trucks were heading to Monza on Tuesday as the...
10y ago from GrandPrix247.com

Lotus arrive at Monza but will they race?

The Italian Grand Prix weekend at Monza looks set to be another...
10y ago from GrandPrix247.com

Ecclestone: I covered Lotus wages to make sure they...

Formula 1 boss Bernie Ecclestone reportedly paid the wages of embattled...
10y ago from GrandPrix247.com

Lotus: Renault is not our only option

Renault is not Lotus's only hope of survival and the financially-troubled...
10y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

‘Super talented’ MotoGP rookie Diogo Moreira...

Pedro Acosta believes “super talented” rookie Diogo Moreira has the...
20h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Popular On TotalWRC.com

Popular On GunnersToday.com

Xabi Alonso privately complained to his staff that...

Sacked Real Madrid head coach Xabi Alonso reportedly told his coaching...
1h ago from SportsKeeda.com

Mertesacker to depart at the end of the season + FA...

Morning. The draw for the 4th round of the FA Cup took place last night,...
5h ago from Arseblog.com

Race for Guehi wide open with Man City, Liverpool and...

The race to sign Marc Guehi is wide open and there is not a favourite or a...
16h ago from SkySports.com

Robert Pires claims 26-year-old Arsenal star is now in...

Arsenal legend Robert Pires has heaped praise on Declan Rice, calling him...
18h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.