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 »
10y 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...
10y ago from GrandPrix247.com

Alonso urges Renault to stay in F1

Spain's Fernando Alonso has urged Renault to stay in Formula One, saying...
10y 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...
10y ago from Motorsport.com

Renault chief says Red Bull divorce is close

Renault chairman Carlos Ghosn has dropped the firmest hint yet that his...
10y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Paddock optimism for IndyCar’s new independent...

Drivers in the NTT IndyCar Series are largely happy to see the series’...
10h ago from MotorsportWeek.c...

IndyCar grows international broadcast offerings for...

The NTT IndyCar Series has announced that its already extensive global...

Popular On TotalWRC.com

Popular On GunnersToday.com

15 G/A in 14 games – The underrated star who...

Arsenal have stuttered recently as they no longer necessarily look like...
5h ago from CaughtOffside.com

70m-plus-player bid prepared which threatens to derail...

Arsenal could reportedly be facing a very real threat to their hopes of...
14h 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...
14h ago from SkySports.com

Premier League club exploring deal to sign 19-year-old...

Nottingham Forest are reportedly eyeing Arsenal's young goalkeeper Tommy...
17h ago from CaughtOffside.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.