News Details
Renault answers Lotus' call with buyout
The will they or won't they buy Lotus saga is coming to an end with Renault confirming they signed a Letter of Intent to take a controlling stake in the squad. Renault confirmed before the start of the 2015 Formula 1 season that they were considering their future with their options being to either pull out of the sport entirely or buy one of the current teams on the grid and run it as a works outfit. They opted for the latter, but it has taken them months to finally confirm the deal. Lotus, meanwhile, have faced financial problems for several seasons and the buyout will come as a big relief for everyone involved as they are due to appear in the London High Court on Monday over unpaid taxes...
Full Story »
Full Story »
9y ago from PlanetF1.com
0
You May Also Be Interested In...
Renault signs letter of intent with Lotus
– Renault has confirmed that it has signed a letter of intent with...
9y ago from GPUpdate.net
Lotus: Renault signs Letter of Intent
As Lotus heads to the High Court in London, Renault issued a Letter of...
9y ago from Pitpass.com
Renault signs letter of intent for Lotus buyout
Renault has moved a step closer its takeover of Lotus and the return of a...
9y ago from Motorsport.com
Carter: Lotus & Renault talks ‘positive'
Lotus' chief executive officer Matthew Carter has confirmed that a...
9y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Has Fabio Di Giannantonio set himself up for a...
No description available...
3h ago from Motorsport.com
Alex Marquez surprised by pace as he’s cleared to...
No description available...
4h ago from Motorsport.com
Jorge Martin to stay with Aprilia’s MotoGP team...
No description available...
4h ago from Motorsport.com
Fabio Di Giannantonio sets lap record to top second...
Fabio Di Giannantonio set a stunning lap to break the all-time lap record...
6h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Will Power’s contract decision on hold due to Team...
Will Power’s contract with Team Penske is up at the end of this season,...
3h ago from MotorsportWeek.c...
Severe weather disrupts IndyCar practice from Iowa
A round of severe weather has delayed the first practice session for the...
17m ago from MotorsportWeek.c...
David Malukas braces for the “toughest weekend” of...
No description available...
11h ago from Motorsport.com
Pietro Fittipaldi is fueled by 5-Hour Energy and lots...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Lamborghini reveals new Temerario GT3 car at Goodwood
No description available...
6h ago from Motorsport.com
Has Fabio Di Giannantonio set himself up for a...
No description available...
3h ago from Motorsport.com
Jorge Martin to stay with Aprilia’s MotoGP team...
No description available...
4h ago from Motorsport.com
From no-hopers to F1 podium in 12 months: What’s...
No description available...
5h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal close to Madueke deal after Chelsea give...
Chelsea have given Noni Madueke permission to leave their Club World Cup...
5h ago from SkySports.com
Exclusive: 'He only wants to play for Mikel Arteta'...
The deal for Viktor Gyokeres to Arsenal has NOT collapsed, despite the...
5h ago from CaughtOffside.com
Real Madrid Transfer News Roundup: Los Blancos want...
Real Madrid have been quite active in the transfer market this summer.
4h ago from SportsKeeda.com
'Little bit too obvious' – Collymore gives...
Arsenal have been busy in the transfer market in the last couple of weeks,...
6h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen and Toto Wolff tracked to Italian island...
Eagle-eyed F1 fans have discovered Max... Read More »
2h ago from MotorsportWeek.com
Max Verstappen and Toto Wolff arrive for crunch talks over...
Max Verstappen and Toto Wolff have reportedly... Read More »
1h ago from GPFans.com
Daniel Ricciardo takes action over F1 retirement backlash
Former F1 star Daniel Ricciardo has been left... Read More »
48m ago from GPFans.com
