News Details
Lotus winding-up hearing postponed by High Court
Lotus has been able to postpone a winding-up hearing for two weeks after being summoned to the High Court in a legal battle with a number of creditors. The Lotus Formula 1 Ltd company is facing a financial settlement with creditors after being handed a winding-up petition at the Companies Court this Monday (6th July) with judge Mr Registrar Briggs present, but the hearing has been delayed by 14 days to allow the parties to find an out-of-court settlement. It is believed the Enstone-based team is waiting for funds to come in to pay its creditors, however, if they are unable to find a resolution over the next two weeks Lotus could be threatened with administration which could put its F1...
Full Story »
Full Story »
You May Also Be Interested In...
Button not looking for points after tough Friday
Jenson Button has admitted that McLaren is unlikely to record a top ten...
10y ago from Crash.net
Small updates as Lotus looks for home comforts
Lotus technical director Nick Chester is in optimistic mood as the team...
10y ago from Crash.net
Verstappen knocked sideways by wild Silverstone exit
Max Verstappen says he is uncertain as to why he suffered a high-speed...
10y ago from Crash.net
Massa aims to capitalise on Williams high spirits
Felipe Massa says Williams is riding on a crest of a wave which he hopes...
10y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Michelin reveals what caused Marc Marquez’s dramatic...
No description available...
5h ago from Motorsport.com
Marco Bezzecchi reveals why Sprint crash presented...
Marco Bezzecchi admits he faced “a lot of difficulties” in order to...
2h ago from MotorsportWeek.c...
Winners and losers from MotoGP’s season-opening...
No description available...
4h ago from Motorsport.com
From Switzerland to Buriram: the helmet drama that hit...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
1h ago from MotorsportWeek.c...
Mick Schumacher's IndyCar debut ends in Lap 1 crash
No description available...
19h ago from Motorsport.com
How Mick Schumacher's IndyCar debut ended in messy Lap...
No description available...
16h ago from Motorsport.com
Alex Palou wins season opener with largest St. Pete...
No description available...
17h ago from Motorsport.com
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
1d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
4d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Player ratings: Arsenal 2-1 Chelsea
Arsenal made it back to back London derby wins with a crucial 2-1 victory...
31m ago from FreshArsenal.com
Arsecast Extra Episode 684 – 02.03.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
31m ago from Arseblog.com
Important goals and big saves: Who were the weekend's...
Matchweek 28 gave us heroics by the bucketload. Sky Sports picks out the...
3h ago from SkySports.com
Sources: Liverpool face Arsenal competition to sign...
Alessandro Bastoni has long been regarded as one of Europe’s most...
6h ago from CaughtOffside.com
Comments
Hottest News
Martin Brundle hints at potential shocks in F1 2026:...
Sky Sports pundit Martin Brundle has stated that... Read More »
2h ago from MotorsportWeek.com
Alexandra Saint Mleux - Meet the F1 'It Girl', fashionista...
Alexandra Saint Mleux (now Leclerc) is one of the... Read More »
1h ago from GPFans.com
The Lewis Hamilton sign that means he will be 'fast' at...
Broadcasting legend Martin Brundle has given the... Read More »
4h ago from GPFans.com
