News Details
Lotus F1 team faces winding-up petition
The Lotus Formula 1 team is facing legal trouble in the wake of a winding-up petition from a group of creditors that includes gearbox component supplier Xtrac. A hearing at Companies Court in London that was scheduled for Monday was adjourned for two weeks in order to give the parties further time to talk. If there is no resolution, then there is a risk at the future hearing of Lotus being put into administration, which would cast doubts over its future. Adjournment Xtrac has made it clear that it is eager to continue its relationship with Lotus, but only if outstanding debts are paid. "The judge has adjourned the hearing for two weeks," an Xtrac spokesman told Motorsport.com....
Full Story »
Full Story »
10y ago from Motorsport.com
0
You May Also Be Interested In...
Mark Webber lifts lid on Vettel relationship
British Grand Prix – Mark Webber has shed new light on his...
10y ago from FormulaSpy.com
Lotus preview the British GP
Lotus preview the British GP Fresh from scoring in back-to-back races,...
10y ago from PlanetF1.com
Arrivabene: I don't want to discuss Raikkonen's future
Kimi Raikkonen's future at Ferrari remains an unknown, with Ferrari team...
10y ago from GrandPrixTimes.com
Hamilton expecting hard weekend at home
Lewis Hamilton does not expect Mercedes team-mate – and F1 title rival...
10y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP to stream free in US on new dedicated 24/7...
No description available...
3h ago from Motorsport.com
Kuala Lumpur emerges as favourite to host 2026 MotoGP...
No description available...
7h ago from Motorsport.com
BMW admits 2027 MotoGP entry ‘not viable’ as it...
BMW has admitted it is “not viable” for the German manufacturer to...
1d ago from MotorsportWeek.c...
Why the next contract matters more to Fabio Quartararo...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from IndyCar’s Portland 2025...
No description available...
1d ago from Motorsport.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
1d ago from MotorsportWeek.c...
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
1d ago from MotorsportWeek.c...
Alex Palou clinches title, becomes IndyCar’s newest...
Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How WRC's crucial 2027 rules are falling into place
No description available...
1h ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Offer accepted: Arsenal very close to finalising...
Arsenal are now closing in on the capture of Eberechi Eze from Crystal...
3h ago from CaughtOffside.com
Theo Walcott makes scoreline prediction for Premier...
Former Premier League star Theo Walcott has backed Arsenal to beat...
2h ago from SportsKeeda.com
Gyokeres, Sesko, Ekitike - Forwards with power to...
With Premier League clubs making major upgrades to their attacking...
6h ago from SkySports.com
“Little too much pressure” - Robbie Fowler...
Robbie Fowler has predicted who among Viktor Gyökeres, Benjamin Sesko,...
8h ago from SportsKeeda.com
Comments
Hottest News
Hamilton’s Ferrari contract: The clause that could change...
In a twist that adds yet another layer to one of... Read More »
1h ago from F1i.com
Cadillac urged to avoid Mick Schumacher
Cadillac is yet to announce its driver pairing... Read More »
53m ago from RacingNews365.com
Former Red Bull star reveals how close Verstappen came to...
A former Red Bull F1 driver has admitted he was... Read More »
1h ago from GPFans.com
