News Details

Lotus play down winding-up order

Lotus remain confident about its Formula 1 future despite facing a winding-up petition in the High Court. The Enstone squad have made no secret of their financial problems the past couple of seasons and it all appears to be coming to a head as their creditors brought the order against the team. A hearing was scheduled at the Companies Court in London for Monday, however a spokesperson for the Court confirmed it has been adjourned for two weeks until July 20. Lotus, are currently sixth in the Constructors' Championship, and CEO Matthew Carter insists everything is under control. 'A number of suppliers are feeling a little negative because of what happened to Caterham and Marussia, and...
Full Story »
10y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Lotus winding-up hearing postponed by High Court

Lotus has been able to postpone a winding-up hearing for two weeks after...
10y ago from Crash.net

Lotus F1 dodges ‘winding up petition’ in court

Reports of financial strife at Lotus have resurfaced this week. Amid...
10y ago from ThisIsF1.com

Lotus F1 team have winding-up petition adjourned

A winding-up petition brought by creditors against the Lotus Formula...
10y ago from GrandPrix247.com

Business as usual for Lotus

A number of creditors, clearly concerned by the demise of Caterham and...
10y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Chip Ganassi Racing lands new sponsor for Kyffin...

Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...

IndyCar announces independent officiating system

The NTT IndyCar Series announced on Thursday that it will implement a new...

Popular On TotalWRC.com

Jon Armstrong joins Josh McErlean in all-Irish M-Sport...

Christmas came early for Jon Armstrong and co-driver Shane Byrne when the...

Popular On GunnersToday.com

Twists and turns and midweek musings

Morning all. The players were back to training yesterday after a couple of...
3h ago from Arseblog.com

Sources: Chelsea & Arsenal establish contact with...

Kenan Yildiz has rapidly emerged as one of the most talked-about young...
4h ago from CaughtOffside.com

Report: Arsenal are very interested in signing...

Arsenal have been linked with the move for the AC Milan goalkeeper Lorenzo...
14h ago from CaughtOffside.com

Another defensive injury increases January transfer...

Morning all. It's a bit mad to think that after spending so much during...
1d ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.