News Details
Renault to pay Lotus debts by end of year
French carmaker Renault aims to complete its takeover of the Lotus Formula One team on December 16 and pay creditors, including Britain's tax authorities, by the end of the year, the High Court heard on Monday. All parties in a protracted case brought against struggling Lotus by the Revenue and Customs authority over unpaid tax, with other creditors also represented, agreed to a further adjournment to December 21. "We are in a different territory now," a lawyer for the team told the court. "You got away with it...or rather, it has been got away with," commented the judge, Mr Justice Birss, after hearing none of the creditors objected to the adjournment that he said was...
Full Story »
Full Story »
10y ago from SuperSport.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...
10y ago from GrandPrix247.com
Renault complete Lotus takeover
Renault have finally completed their protracted takeover of Lotus, buying...
10y ago from SkySports.com
Lotus court case postponed pending Renault purchase
The Lotus Formula 1 team's court case has been subject to a further...
10y ago from Motorsport.com
Renault announce completion of Lotus takeover; return...
Renault have re-entered Formula 1 as a constructor, following completion...
10y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Manufacturers stand up to Liberty in Jerez as MotoGP...
No description available...
1h ago from Motorsport.com
Aprilia runs 2027 MotoGP bike on track for first time...
No description available...
2h ago from Motorsport.com
Aprilia opens new development path in MotoGP with...
No description available...
4h ago from Motorsport.com
Yamaha’s Jerez MotoGP updates improve rider feeling...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Conor Daly paces Day 1 of Indy 500 Open Test
No description available...
19h ago from Motorsport.com
All drivers clear Indy 500 Rookie Orientation...
IndyCar’s two-day test session for the Indianapolis 500 got underway...
1d ago from MotorsportWeek.c...
Rookies take on Indianapolis in open test, Newgarden...
No description available...
22h ago from Motorsport.com
Popular On TotalWRC.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
1h ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
3h ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
7h ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Liverpool and Chelsea join Arsenal in the chase for...
Liverpool and Chelsea are interested in signing the Norwegian midfielder...
36m ago from CaughtOffside.com
Atlético Madrid v Arsenal: Champions League...
️ Champions League updates from 8pm BST kick-off<br>⚽️ <a...
55m ago from TheGuardian.com
Ødegaard tells Arsenal to channel past lessons into...
t;li>Captain confident team can handle pressure and learnHavertz...
1h ago from TheGuardian.com
'A problem' – Scholes highlights major issue as...
Paul Scholes has hit out at Arsenal midfielder Martin Odegaard for being...
3h ago from CaughtOffside.com
Comments
Hottest News
Fernando Alonso drops strongest retirement hint yet amid...
Fernando Alonso says he still feels motivated... Read More »
1h ago from MotorsportWeek.com
Will Miami GP be cancelled? Lightning threat poses risk to...
A threat of lightning is being forecast for... Read More »
26m ago from GPFans.com
The potential cancellation threat looming over F1 Miami GP
The 2026 Formula 1 Miami Grand Prix is at risk... Read More »
5h ago from MotorsportWeek.com
