News Details
Lotus court case postponed pending Renault purchase
The Lotus Formula 1 team's court case has been subject to a further adjournment until 21 December, following a hearing at the High Court in London on Monday. This was supposed to have been the final chance for Lotus to deal with its main creditor – the UK tax authorities – but last week's confirmation that the purchase by Renault is to go ahead ensured that the judge agreed to allow more time. The Renault share purchase agreement (SPA) is due to be completed by 16 December, and had the deal not been confirmed, the team faced administration. Emphasising how precarious the situation was, Mr Justice Birss said: “You got away with it... or rather, it has been got away with.” “It's...
Full Story »
Full Story »
10y ago from Motorsport.com
0
You May Also Be Interested In...
Lotus-Renault takeover ‘completed'
Renault has confirmed the take-over process with Lotus F1 has been...
10y ago from F1Hub.net
Renault takeover of Lotus F1 is done deal
F1 News Renault takeover of Lotus F1 is done deal Here's how the new tire...
10y ago from Formula1Blog.com
Red Bull confirms split with title sponsor Infiniti
Red Bull has announced that it will split with current title sponsor...
10y ago from GrandPrixTimes.com
Renault complete Lotus takeover
Renault have finally completed their protracted takeover of Lotus, buying...
10y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
43m ago from Motorsport.com
Fabio Quartararo warns Yamaha MotoGP rebuild could...
No description available...
19h ago from Motorsport.com
Pedro Acosta found Ducati and Aprilia’s pace...
No description available...
21h ago from Motorsport.com
MotoGP Buriram test: Marco Bezzecchi breaks track...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
Paddock optimism for IndyCar’s new independent...
Drivers in the NTT IndyCar Series are largely happy to see the series’...
1d ago from MotorsportWeek.c...
Mick Schumacher gaining confidence on ovals after...
No description available...
2d ago from Motorsport.com
IndyCar expanding global broadcasting presence for the...
No description available...
3d ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Wayne Rooney delivers verdict on who among Eberechi...
Manchester United legend Wayne Rooney reckons Eberechi Eze is Arsenal's...
1h ago from SportsKeeda.com
Sp*rs 1-4 Arsenal: Eze and Gyokeres at the double
Match report – Player ratings – Arteta reaction – Video...
2h ago from Arseblog.com
Frank Leboeuf says he’s very fond of Arsenal star...
Former France defender Frank Leboeuf has heaped praise on Arsenal star...
3h ago from SportsKeeda.com
‘He’s been a real nuisance' – Gary...
Football pundit Gary Neville praised Arsenal striker Viktor Gyokeres for...
3h ago from CaughtOffside.com
Comments
Hottest News
Honda under pressure to find Aston Martin solution with...
Honda and Aston Martin are under immense pressure... Read More »
1h ago from GPFans.com
Fernando Alonso F1 retirement ‘very likely’ as Aston...
2026 was supposed to be a glorious F1 renaissance... Read More »
1h ago from GPFans.com
Lewis Hamilton prepared for major F1 revelation after...
Lewis Hamilton believes the truth will only come... Read More »
43m ago from RacingNews365.com
