News Details

Lotus F1 team's legal case adjourned again

Lotus has been granted an adjournment in its latest court case with HMRC, as uncertainty continues to surround the future of the team. Renault is eyeing a potential takeover of the outfit to resurrect its works team, and it is understood the deal hinges on whether or not the French car manufacturer can earn increased commercial rights income from FOM. So far, its efforts to earn what are known as 'historical bonuses' have not been successful, and it is understood that until it can put in place the right financial package any move to buy Lotus will not progress. Lotus itself is facing financial difficulties, and faced another crunch hearing with HMRC over unpaid income tax and national...
Full Story »
9y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Alonso: Hopefully Renault stay in Formula 1

Fernando Alonso has urged Renault to stay in Formula 1, saying the French...
9y ago from GrandPrix247.com

Alonso urges Renault to stay in F1

Spain's Fernando Alonso has urged Renault to stay in Formula One, saying...
9y ago from SuperSport.com

Analysis: Why the Singapore GP is a success story

While countries like India and Korea have failed to make a success of...
9y ago from Motorsport.com

Renault chief says Red Bull divorce is close

Renault chairman Carlos Ghosn has dropped the firmest hint yet that his...
9y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Pato O’Ward takes IndyCar victory over Josef...

The first race of the Iowa double-header took place on Saturday...

IndyCar Mid-Ohio – Race 1 Results

The first race of IndyCar’s double-header weekend from Iowa Speedway...

Newgarden, Palou each take pole for IndyCar’s Iowa...

Iowa Speedway was the setting for IndyCar’s busy qualifying session on...
10h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal target Gyokeres to face disciplinary action at...

Sporting president Frederico Varandas has confirmed that striker Viktor...
10h ago from SkySports.com

Real Madrid Transfer News Roundup: Los Blancos not...

Real Madrid are looking to add more quality to Xabi Alonso's roster before...
10h ago from SportsKeeda.com

Journalist claims Man United could outbid Arsenal in...

Sporting CP striker Viktor Gyokeres continues to be linked with a move...
13h ago from CaughtOffside.com

Viktor Gyökeres fails to report for Sporting training...

t;li>Striker was told to return for pre-season by 5pm SaturdaySporting...
12h ago from TheGuardian.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.