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
Marc Marquez propels MotoGP to record figures in 2025
No description available...
4h ago from Motorsport.com
Pirelli outlines 2026 MotoGP test plans ahead of 2027...
Pirelli has officially outlined when it plans to test its new MotoGP...
8h ago from MotorsportWeek.c...
This is what the 2027 Honda MotoGP bike will be called
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
1h ago from Motorsport.com
IndyCar boss Doug Boles explains new officiating system
No description available...
19h ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1d ago from Motorsport.com
Momentum building for IndyCar’s inaugural Arlington...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Project One confirms WRC27 entry
Founded by experienced motorsport engineer Lionel Hansen alongside former...
4h ago from MotorsportWeek.c...
Hyundai to run a WRC2 spec machine in 2027?
Hyundai has said it is considering a brand new WRC2 car for the 2027...
4h ago from MotorsportWeek.c...
Does Martins Sesks have a future with M-Sport in WRC?
No description available...
6h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal plot swoop for 19-year-old after Xabi Alonso...
Arsenal are reportedly interested in signing the Real Madrid defender,...
1h ago from CaughtOffside.com
Episode 858 – Girding our loins
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
5h ago from Arseblog.com
'I actually think is a better player than Gyokeres' -...
Liverpool legend Jamie Carragher has boldly claimed that Gabriel Jesus is...
4h ago from SportsKeeda.com
Comments
Hottest News
Verstappen’s heartfelt take on Hamilton: ‘I don’t...
Few rivalries have been as fierce or as defining... Read More »
2h ago from F1i.com
Monaco Grand Prix handed name change for 2026
The Monaco Grand Prix will change its name for... Read More »
1h ago from GPFans.com
How much prize money will each F1 team receive from 2025?
As F1 prepares to head into a new era, Liberty... Read More »
6h ago from MotorsportWeek.com
