News Details
Lotus F1 receives final adjournment in tax case
The Lotus Formula 1 team has been granted a final adjournment in its High Court battle over an unpaid tax bill. Insolvency proceedings were lodged against the Enstone team by HM Revenue and Customs earlier this month regarding an outstanding £900,000 (1.9 Million AUD) income tax and national insurance payment for June. The London High Court ruled on Friday that the team has another seven days to resolve the matter ahead of a final hearing on September 28. Lotus is currently in discussions with Renault over a potential take over by the French manufacturer which has further complicated the issue. While Justice Birrs stated he would not grant another adjournment, Lotus representatives have...
Full Story »
Full Story »
10y ago from SpeedCafe.com
0
You May Also Be Interested In...
Don't believe the negative rumours you here - Lotus
Lotus deputy team princpal Federico Gastaldi has hit back at the...
10y ago from GrandPrixTimes.com
Lotus tax case adjourned again
Lotus' case against the British tax authorities is adjourned for another...
10y ago from Crash.net
Time running out for Lotus as administration looms
Embattled Lotus' recent troubles are not over yet, as they face mounting...
10y ago from GrandPrix247.com
Lotus dismisses negative speculation
Lotus F1 Team Lotus deputy team principal Federico Gastaldi has dismissed...
10y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP 2026: Team launches and pre-season testing...
No description available...
18m ago from Motorsport.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
19h ago from Motorsport.com
FBI seizes $40m collection, including MotoGP bikes,...
No description available...
1d ago from Motorsport.com
Brad Binder reveals why he is optimistic he can bounce...
Factory KTM rider Brad Binder has admitted that his 2025 MotoGP season...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
17h ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
1d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
20h ago from Motorsport.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
4d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
How to watch Arsenal vs Aston Villa
Arsenal host Aston Villa at the Emirates in a huge Premier League clash at...
1h ago from SkySports.com
An INCREDIBLE shootout! All 15 superb pens from...
Every penalty from the quarter-final shootout between Arsenal and Crystal...
1h ago from SkySports.com
Merson predicts easy title victory for Arsenal after...
Paul Merson believes Arsenal will go on to win the Premier League easily...
1h ago from SkySports.com
Was Verbruggen foul on Gyokeres worthy of a red card?
Bart Verbruggen was shown a yellow card for his challenge on Viktor...
1h ago from SkySports.com
Comments
Hottest News
Why George Russell is not ‘envious' of Lando Norris'...
George Russell has explained how his attitude... Read More »
48m ago from MotorsportWeek.com
Binotto backs Audi know-how over Red Bull Powertrains’...
As Formula 1 races toward its seismic 2026 reset,... Read More »
58m ago from F1i.com
Max Verstappen's manager targets F1 title dig at Lando...
Max Verstappen's manager has contended that... Read More »
1h ago from MotorsportWeek.com
