News Details
Renault complete purchase of Lotus
Renault have completed their takeover of the Lotus Formula One team and paid debts to creditors including the British tax authorities, the London High Court heard on Monday. "We have a completion of the share purchase," a lawyer for the French car company told the judge, Mr Justice Birss, at a hearing that formally dismissed an insolvency petition that would have put the team into administration. "We have the keys, so to speak," he added. The share purchase agreement (SPA) that made Renault the controlling shareholder had been due for completion on December 16 but the court heard that the acquisition was finalised only late last Friday. Jeremy Bamford, counsel for the...
Full Story »
Full Story »
10y ago from SuperSport.com
0
You May Also Be Interested In...
Renault was 'very close' to F1 pull-out - Prost
Alain Prost has revealed that Renault was 'very, very close' to a Formula...
10y ago from Motorsport.com
Renault was 'very close' to F1 pull out - Prost
Alain Prost has revealed that Renault was 'very, very close' to a Formula...
10y ago from Motorsport.com
Palmer keen to impress Renault in 2016
XPB Images
Jolyon Palmer says 2016 will be crucial for him to...
10y ago from F1i.com
Jorda excited about future with Renault
Carmen Jorda sounds confident she will remain with Enstone as the current...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Buriram test: Alex Marquez fastest on Day 1 as...
No description available...
3h ago from Motorsport.com
Fabio Quartararo's gesture shows his growing...
No description available...
2h ago from Motorsport.com
Francesco Bagnaia says “I just decided” on 2027...
No description available...
1h ago from Motorsport.com
Marc Marquez explains how injury recovery is delaying...
No description available...
31m ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher gaining confidence on ovals after...
No description available...
22h ago from Motorsport.com
IndyCar expanding global broadcasting presence for the...
No description available...
1d ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
1d ago from MotorsportWeek.c...
Alexander Rossi fastest as rain disrupts second...
The NTT IndyCar Series completed the second and final day of testing at...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
5d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
5d ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
6d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
6d ago from MotorsportWeek.c...
Popular On GunnersToday.com
70m-plus-player bid prepared which threatens to derail...
Arsenal could reportedly be facing a very real threat to their hopes of...
1h ago from CaughtOffside.com
'It's more important for Arsenal' | Soccer Saturday...
Tim Sherwood and Clinton Morrison look ahead to the North London derby and...
1h ago from SkySports.com
Premier League club exploring deal to sign 19-year-old...
Nottingham Forest are reportedly eyeing Arsenal's young goalkeeper Tommy...
4h ago from CaughtOffside.com
Talks held: Arsenal step up efforts to beat Man Utd to...
Arsenal have reportedly held initial talks over a potential transfer move...
5h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin’s nightmare: Honda owns up to power unit...
Aston Martin engine supplier Honda has publicly... Read More »
3h ago from F1i.com
Andrea Stella makes startling McLaren pace admission ahead...
Andrea Stella has made a startling admission on... Read More »
2h ago from MotorsportWeek.com
Is Ferrari pulling a pokerface over its true F1 2026 pace?
Ferrari finished the second F1 Bahrain... Read More »
6h ago from MotorsportWeek.com
