News Details
Court gives Lotus one week to seal Renault deal
The Lotus Formula 1 team were given a week to seal a deal with Renault or go into administration on Friday after a judge agreed to a final adjournment of a case brought against them by Britain's tax authorities. Lawyers for British-based Lotus had sought more time on the basis that a deal with Renault was imminent whereas administration would leave creditors worse off with the team likely to cease trading. Mr Justice Birss said he was satisfied a deal could be done and scheduled the next hearing for Sept. 28, the day after the British-based team competes in the Japanese Grand Prix at Suzuka. 'It is to be regarded as a final adjournment,' the judge, who agreed to delay the start of his...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Lotus tax case adjourned again
Lotus' case against the British tax authorities is adjourned for another...
10y ago from Crash.net
Lotus given seven days grace
Lotus have been granted a brief reprieve in their insolvency case, which...
10y ago from PlanetF1.com
Grosjean has made decision on future
Lotus F1 Team Lotus driver Romain Grosjean says he has made a decision on...
10y ago from F1Zone.net
Gastaldi: What doesn't kill you makes you stronger
Financially troubled Lotus have urged fans to ignore any ‘negative...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Fernando Alonso: No normal person could achieve what...
No description available...
18h ago from Motorsport.com
MotoGP breaks attendance records in 2025; only two...
No description available...
1d ago from Motorsport.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
2d ago from MotorsportWeek.c...
22 MotoGP rounds are “too many for the body”,...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1w ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
1d ago from Motorsport.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
4d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
‘We should have pulled the Big Sam ripcord’:...
Guardian’s fans’ network on 2025-26 at the half-way stage: best...
1h ago from TheGuardian.com
Sources: Man United & Arsenal run ‘initial...
Hoffenheim winger Bazoumana Touré is rapidly emerging as one of the most...
31m ago from CaughtOffside.com
Novak Djokovic makes feelings clear about seriousness...
Former ATP World No. 1 Novak Djokovic has said that Cristiano Ronaldo is...
1h ago from SportsKeeda.com
Arsenal fan Anne Hathaway shares cheeky 'Owen goal'...
Arsenal fan Anne Hathaway shared a social media message referencing...
15h ago from SportsKeeda.com
Comments
Hottest News
Yuki Tsunoda makes Red Bull 'pressure' claim after F1 seat...
Yuki Tsunoda discovered the challenge of Red... Read More »
2h ago from RacingNews365.com
New FIA president given backing by McLaren boss after...
McLaren F1 boss Zak Brown has publicly backed... Read More »
1h ago from GPFans.com
Oscar Piastri hands out 'hungry' warning after Lando Norris...
Oscar Piastri dramatically lost his grip on the... Read More »
1h ago from RacingNews365.com
