News Details
Renault to pay Lotus debts by end of year
In the High Court in London this morning, Mr Justice Birss adjourned the outstanding case against the Lotus F1 team until 21 December, after being told that Renault's buy-out of the team will be finalised five days earlier. We are in a different territory now,' insisted a lawyer for Lotus, referring to the fact that after months of promises and speculation the takeover was now (almost) a reality. 'You got away with it, or rather, it has been got away with,' said Justice Birss, after hearing that none of the creditors, which include Her Majesty's Revenue and Customs, object to the latest adjournment. On Thursday, over two months since announcing that a Letter of Intent had been signed,...
Full Story »
Full Story »
10y ago from Pitpass.com
0
You May Also Be Interested In...
Renault to pay Lotus debts by end of year
French carmaker Renault aims to complete its takeover of the Lotus...
10y ago from GrandPrix247.com
Renault to pay Lotus debts by end of year
French carmaker Renault aims to complete its takeover of the Lotus...
10y ago from SuperSport.com
Lotus court case postponed pending Renault purchase
The Lotus Formula 1 team's court case has been subject to a further...
10y ago from Motorsport.com
Lotus/HMRC court case adjourned again
– Lotus' legal battle with HM Revenue and Customs (HMRC) over...
10y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Aprilia’s MotoGP tech secret: a double duct hidden...
No description available...
11h ago from Motorsport.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
15h ago from Motorsport.com
Fabio Quartararo warns Yamaha MotoGP rebuild could...
No description available...
1d ago from Motorsport.com
Pedro Acosta found Ducati and Aprilia’s pace...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar changes tire usage requirements, makes safety...
No description available...
4h ago from Motorsport.com
IndyCar updates tire rules for 2026 season
Among a few changes coming for the 2026 NTT IndyCar Series season, a new...
2h ago from MotorsportWeek.c...
IndyCar introduces safety flaps to prevent airborne...
The NTT IndyCar series has detailed a new addition to cars competing in...
4h ago from MotorsportWeek.c...
IOB makes progress but search continues for Managing...
No description available...
9h ago from Motorsport.com
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
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Gunners make fun of Spurs on social...
No description available...
2h ago from SkySports.com
Donnarumma vs Raya: Who is the better GK in the title...
In the last few weeks of the Premier League season, the importance of...
3h ago from SkySports.com
Tactics Column: Key quartet step up to deliver North...
'It feels like we've shown what we are made of but then you have to show...
6h ago from Arseblog.com
Arsecast Extra Episode 683 – 23.02.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
9h ago from Arseblog.com
Comments
Hottest News
F1 Movie wins BAFTA as sequel rumours swirl
The F1 movie has claimed yet another accolade,... Read More »
3h ago from GPFans.com
'Heavy' Ferrari concern as Max Verstappen F1 rival makes...
Check out the biggest stories of the day with the... Read More »
3h ago from RacingNews365.com
Ferrari handed key warning over radical F1 rear wing
Ferrari's radical rear wing could have a major... Read More »
13h ago from RacingNews365.com
