News Details

Lotus 'confident' ahead of hearing

The Lotus Formula One team are confident they can escape going into administration even if money owed to Britain's tax authorities remains outstanding before a London High Court hearing on Monday. "Physically, cash doesn't have to be in a bank account," Lotus chief executive Matthew Carter told Reuters at the Japanese Grand Prix on Sunday when asked about the technicalities. "There needs to be intention, a show that things are heading in the right direction. That's what everyone wants," added the Briton. "There's clearly movement. I know from our level that things have moved in the last seven days. We're confident." Lotus, one of the sport's iconic names and...
Full Story »
9y ago from SuperSport.com 0
Share

You May Also Be Interested In...

Lotus locked out of Suzuka hospitality unit over...

As the rest of the Formula 1 paddock prepared for the Japanese Grand...
9y ago from GrandPrix247.com

Palmer confident of 2016 Lotus chance

Lotus F1 Team Lotus reserve driver Jolyon Palmer remains optimistic that...
9y ago from F1Zone.net

Lotus expect Renault announcement after Suzuka

The long wait for clarity regarding the future of Renault and Lotus in...
9y ago from GrandPrix247.com

Lotus remains hopeful despite freight delay

Lotus is hopeful that its latest financial drama, which meant freight...
9y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin set to return at Czech MotoGP weekend...

Reigning MotoGP champion Jorge Martin is set to return to action at the...
16h ago from MotorsportWeek.c...

Maverick Vinales: ‘It was a big mistake’ to reject...

Maverick Vinales admitted it was a “big mistake” to reject offers...

Popular On IndyCarToday.com

Scott Dixon bet on two stop strategy after he saw...

Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...

IndyCar Mid-Ohio – Race Results

IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal's stance on contract talks for breakout star...

Arsenal are reportedly confident that Ethan Nwaneri will sign a new...
5h ago from SportsKeeda.com

Fabrizio Romano reveals key meeting over Arsenal...

Transfer expert Fabrizio Romano has provided an update on the future of...
11h ago from CaughtOffside.com

Arsenal supporters start petition to stop club from...

Arsenal fans have reportedly started a petition to stop the north London...
9h ago from SportsKeeda.com

Arsenal step up pursuit of Premier League playmaker...

Arsenal are expected to formally approach Crystal Palace to open...
11h 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.