News Details

Lotus F1 team's legal case adjourned again

Lotus has been granted an adjournment in its latest court case with HMRC, as uncertainty continues to surround the future of the team. Renault is eyeing a potential takeover of the outfit to resurrect its works team, and it is understood the deal hinges on whether or not the French car manufacturer can earn increased commercial rights income from FOM. So far, its efforts to earn what are known as 'historical bonuses' have not been successful, and it is understood that until it can put in place the right financial package any move to buy Lotus will not progress. Lotus itself is facing financial difficulties, and faced another crunch hearing with HMRC over unpaid income tax and national...
Full Story »
10y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Alonso: Hopefully Renault stay in Formula 1

Fernando Alonso has urged Renault to stay in Formula 1, saying the French...
10y ago from GrandPrix247.com

Alonso urges Renault to stay in F1

Spain's Fernando Alonso has urged Renault to stay in Formula One, saying...
10y ago from SuperSport.com

Analysis: Why the Singapore GP is a success story

While countries like India and Korea have failed to make a success of...
10y ago from Motorsport.com

Renault chief says Red Bull divorce is close

Renault chairman Carlos Ghosn has dropped the firmest hint yet that his...
10y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar officiating board helps shape Push to Pass...

IndyCar’s new Independent Officiating Board has made one of its first...
11h ago from MotorsportWeek.c...

IndyCar expands Push to Pass availability

The NTT IndyCar Series has announced a change to the series’ Push to...
12h ago from MotorsportWeek.c...

Motorsport legend Alex Zanardi dies aged 59

Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...

Popular On TotalWRC.com

Popular On GunnersToday.com

Player ratings: Arsenal 1-0 Atletico Madrid

Arsenal reached the Champions League final for the first time in 20 years...
3h ago from FreshArsenal.com

'I can tell you' – Journalist confirms Man...

Manchester United are currently leading the race to sign Atalanta’s...
4h ago from CaughtOffside.com

Momentum is shifting Arsenal's way – it could lead...

The final whistle went and the Emirates Stadium exploded. Arsenal made it...
3h ago from SkySports.com

'Should be ashamed of himself', 'One of the worst...

Atletico Madrid fans were left disappointed with Alexander Sorloth's...
4h 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.