News Details
Lotus court case adjourned for a week
Lotus F1 Team Lotus has been given until the 25th September to come up with funding after its High Court case on Friday was adjourned. Lotus had been present at the High Court over an unpaid tax bill of £900,000 owed to HMRC [UK Revenue and Customs]. Justice Birss has given Lotus until next Friday to come up with the money, with the squad edging closer to a deal with Renault. "The parties have satisfied me that that there is genuinely a real prospect that the first stage of the deal that is being described will be signed in the next seven days, which will allow significant funding to go into the company," explained Justice Birrs. He added that the case would not be adjourned...
Full Story »
Full Story »
9y ago from F1Zone.net
0
You May Also Be Interested In...
Court gives Lotus one week to seal Renault deal
The Lotus Formula 1 team were given a week to seal a deal with Renault...
9y ago from GrandPrix247.com
Lotus F1 receives final adjournment in tax case
The Lotus Formula 1 team has been granted a final adjournment in its High...
9y ago from SpeedCafe.com
Lotus tax case adjourned again
Lotus' case against the British tax authorities is adjourned for another...
9y ago from Crash.net
Time running out for Lotus as administration looms
Embattled Lotus' recent troubles are not over yet, as they face mounting...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
The “next-level” chassis that can deliver up to...
No description available...
10h ago from Motorsport.com
The striking change in Pedro Acosta’s mindset and...
No description available...
16h ago from Motorsport.com
Alex Márquez wins Catalan Grand Prix to end...
t;li>Marc Márquez’s winning streak ends at home grand prixAlex...
3d ago from TheGuardian.com
What is going on with Francesco Bagnaia in MotoGP?
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Robert Shwartzman refutes rumors about unhappiness in...
Robert Shwartzman has denied that he is unhappy in IndyCar after wrapping...
9h ago from MotorsportWeek.c...
Christian Lundgaard calls first McLaren season a...
No description available...
1d ago from Motorsport.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
1w ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
This Arsenal star is 'exceptional' for his national...
Arsenal expert Charles Watts has heaped praise into Mikel Merino for his...
10h ago from CaughtOffside.com
'It just feels right' - Gael Clichy explains why...
Gael Clichy has said that Viktor Gyokeres will fit in really well at...
9h ago from SportsKeeda.com
Supercomputer predicts Liverpool, Chelsea and...
Opta Supercomputer has predicted Liverpool and Arsenal to have the best...
8h ago from SportsKeeda.com
Exclusive: Arsenal star has had Saudi transfer...
Arsenal forward Gabriel Martinelli could be facing an uncertain future...
12h ago from CaughtOffside.com
Comments
Hottest News
'He's not like Carlos Sainz': Fred Vasseur's honest Lewis...
Ferrari F1 boss Fred Vasseur has suggested that... Read More »
9h ago from GPFans.com
Piastri and Norris summoned to McLaren HQ after Italian GP
McLaren's driver duo Oscar Piastri and Lando... Read More »
5h ago from GPFans.com
Nico Rosberg shares extreme measure Oscar Piastri should...
F1 champion Nico Rosberg has weighed in on the... Read More »
4h ago from GPFans.com
