News Details
Renault answers Lotus' call with buyout
The will they or won't they buy Lotus saga is coming to an end with Renault confirming they signed a Letter of Intent to take a controlling stake in the squad. Renault confirmed before the start of the 2015 Formula 1 season that they were considering their future with their options being to either pull out of the sport entirely or buy one of the current teams on the grid and run it as a works outfit. They opted for the latter, but it has taken them months to finally confirm the deal. Lotus, meanwhile, have faced financial problems for several seasons and the buyout will come as a big relief for everyone involved as they are due to appear in the London High Court on Monday over unpaid taxes...
Full Story »
Full Story »
10y ago from PlanetF1.com
0
You May Also Be Interested In...
Renault signs letter of intent with Lotus
– Renault has confirmed that it has signed a letter of intent with...
10y ago from GPUpdate.net
Lotus: Renault signs Letter of Intent
As Lotus heads to the High Court in London, Renault issued a Letter of...
10y ago from Pitpass.com
Renault signs letter of intent for Lotus buyout
Renault has moved a step closer its takeover of Lotus and the return of a...
10y ago from Motorsport.com
Carter: Lotus & Renault talks ‘positive'
Lotus' chief executive officer Matthew Carter has confirmed that a...
10y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
21h ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
23h ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
1d ago from MotorsportWeek.c...
2027 MotoGP bikes may not be slower at half the...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
How to watch the IndyCar Grand Prix of Arlington:...
No description available...
10h ago from Motorsport.com
Conor Daly snags Indy 500 ride with Dreyer and Reinbold
Dreyer and Reinbold Racing has announced that Conor Daly will drive for...
1d ago from MotorsportWeek.c...
Conor Daly set for Indy 500 run with Dreyer & Reinbold...
No description available...
1d ago from Motorsport.com
Winners and losers from an action-packed IndyCar race...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC Safari Rally Kenya: Extreme road conditions force...
No description available...
3h ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg heads Toyota...
No description available...
15h ago from Motorsport.com
Oliver Solberg storms into Safari Rally Kenya lead
Kenya. Storms. Rain. Mud. With just two stages on Thursday’s itinerary,...
14h ago from MotorsportWeek.c...
Why Safari Rally Kenya will be more of a lottery than...
No description available...
23h ago from Motorsport.com
Popular On GunnersToday.com
New twist as Man United join Arsenal in holding talks...
Manchester United are reportedly also in talks over a potential transfer...
53m ago from CaughtOffside.com
Home and away
Hi, good morning, how are you? I woke up, made coffee, gave Lana some pats...
53m ago from Arseblog.com
Man United rival Arsenal for Sandro Tonali and eye...
Manchester United are reportedly making Newcastle United midfielder Sandro...
1h ago from CaughtOffside.com
PL Predictions: Arsenal to move further clear of Man...
Our football betting expert Jones Knows offers his insight across the...
9h ago from SkySports.com
Comments
Hottest News
F1 2026 Chinese Grand Prix – FP1 Results
George Russell set the pace in the only practice... Read More »
3h ago from MotorsportWeek.com
F1 Sprint Qualifying Results: Aston Martin suffer double...
Lewis Hamilton and Charles Leclerc bounced back... Read More »
42m ago from GPFans.com
Ferrari fail Lewis Hamilton as new race engineer...
Lewis Hamilton and his new F1 race engineer at... Read More »
1h ago from GPFans.com
