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 »
9y 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...
9y ago from GrandPrix247.com
Renault to pay Lotus debts by end of year
French carmaker Renault aims to complete its takeover of the Lotus...
9y 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...
9y ago from Motorsport.com
Lotus/HMRC court case adjourned again
– Lotus' legal battle with HM Revenue and Customs (HMRC) over...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
12h ago from MotorsportWeek.c...
Marc Marquez hits out at criticism of brother Alex...
No description available...
11h ago from Motorsport.com
Alex Marquez set for surgery after Dutch MotoGP crash
No description available...
13h ago from Motorsport.com
MotoGP Dutch GP: Marc Marquez soaks up the pressure as...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
2d ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
3d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
5d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
WRC Acropolis Rally: Ott Tanak ends Hyundai’s...
No description available...
13h ago from Motorsport.com
Why Ott Tanak feared final stage drama could cost his...
No description available...
9h ago from Motorsport.com
Ott Tanak ends Hyundai’s victory drought
Ott Tanak and Martin Jarveoja clinched their and Hyundai’s first...
13h ago from MotorsportWeek.c...
FIA investigates WRC retirements due to fuel system...
No description available...
15h ago from Motorsport.com
Popular On GunnersToday.com
Papers: Gyokeres will refuse to return to Sporting to...
The top stories and transfer rumours from Monday's newspapers...
4h ago from SkySports.com
Decision made: Arsenal star is leaving the club...
Thomas Partey will officially leave Arsenal when his contract expires...
9h ago from CaughtOffside.com
Arsenal exploring deal for third striker amid Benjamin...
Arsenal are looking to sign a striker this summer, but so far, their...
9h ago from CaughtOffside.com
Arsenal latest: 'Partey to leave after contract...
No description available...
9h ago from SkySports.com
Comments
Hottest News
FIA issue Lando Norris disqualification verdict at Austrian...
The FIA have issued a comprehensive verdict for... Read More »
8h ago from GPFans.com
Ferrari take action over Austrian GP disqualification threat
Ferrari have taken action at this weekend's... Read More »
11h ago from GPFans.com
Max Verstappen reveals words to Kimi Antonelli after...
Max Verstappen has shared what he said to Kimi... Read More »
11h ago from RacingNews365.com
