News Details
Lotus court case postponed pending Renault purchase
The Lotus Formula 1 team's court case has been subject to a further adjournment until 21 December, following a hearing at the High Court in London on Monday. This was supposed to have been the final chance for Lotus to deal with its main creditor – the UK tax authorities – but last week's confirmation that the purchase by Renault is to go ahead ensured that the judge agreed to allow more time. The Renault share purchase agreement (SPA) is due to be completed by 16 December, and had the deal not been confirmed, the team faced administration. Emphasising how precarious the situation was, Mr Justice Birss said: “You got away with it... or rather, it has been got away with.” “It's...
Full Story »
Full Story »
10y ago from Motorsport.com
0
You May Also Be Interested In...
Lotus-Renault takeover ‘completed'
Renault has confirmed the take-over process with Lotus F1 has been...
10y ago from F1Hub.net
Renault takeover of Lotus F1 is done deal
F1 News Renault takeover of Lotus F1 is done deal Here's how the new tire...
10y ago from Formula1Blog.com
Red Bull confirms split with title sponsor Infiniti
Red Bull has announced that it will split with current title sponsor...
10y ago from GrandPrixTimes.com
Renault complete Lotus takeover
Renault have finally completed their protracted takeover of Lotus, buying...
10y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP confirms Aragon to remain on calendar for 2027...
MotoGP has announced that Motorland Aragon will host a race in 2027,...
6h ago from MotorsportWeek.c...
‘A World Champion cannot do a mistake like that'...
Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...
11h ago from MotorsportWeek.c...
Why the one-bike proposal has left the entire MotoGP...
No description available...
11h ago from Motorsport.com
MotoGP's expected departures leave WorldSBK's 2027...
As MotoGP's 2027 rider line-ups near completion, multiple expected...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Myles Rowe: Historic Indy NXT Win at WWTR proves ‘I...
No description available...
1h ago from Motorsport.com
Winners and losers from the IndyCar race at World Wide...
No description available...
1d ago from Motorsport.com
Josef Newgarden did not know Christian Rasmussen...
Josef Newgarden won Sunday night’s thriller at World Wide Technology...
1d ago from MotorsportWeek.c...
Official race results: IndyCar 2026 at WWT Raceway
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
5d ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
1w ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Man United and Arsenal tracking teenage sensation with...
Manchester United and Arsenal are interested in signing the Bayer...
1h ago from CaughtOffside.com
Arsenal cast as ‘only option' for star La Liga...
Atletico Madrid have made it clear that they will not give up Julian...
2h ago from CaughtOffside.com
Arsenal explore move for rising superstar with 21 goal...
Arsenal are looking to sign the Juventus attacker Kenan Yildiz during the...
3h ago from CaughtOffside.com
Arsenal handed surprise boost in race for 20-goal...
Julian Alvarez continues to be linked with a move away from Atletico...
5h ago from CaughtOffside.com
Comments
Hottest News
Beloved Sky F1 pundit to return at Barcelona Grand Prix...
Everybody's favourite Sky Sports F1 pundit, Ted... Read More »
50m ago from GPFans.com
F1 agree engine rule changes for 2027 and 2028 season
Formula 1 bosses have agreed to make changes to... Read More »
2h ago from SkySports.com
F1 Crashgate scandal is heading for the Supreme Court in...
The Supreme Court has greenlit a 'leapfrog'... Read More »
1h ago from GPFans.com
