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 »
10y 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...
10y ago from GPUpdate.net
Lotus: Renault signs Letter of Intent
As Lotus heads to the High Court in London, Renault issued a Letter of...
10y 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...
10y ago from Motorsport.com
Carter: Lotus & Renault talks ‘positive'
Lotus' chief executive officer Matthew Carter has confirmed that a...
10y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
2026 MotoGP Buriram Test: Schedule, entry list and how...
No description available...
2h ago from Motorsport.com
Trackhouse boss suggests crucial change to MotoGP...
No description available...
4h ago from Motorsport.com
Ducati: 2027 MotoGP rules designed to prevent us from...
No description available...
8h ago from Motorsport.com
MotoGP to leave Phillip Island in favour of Adelaide...
MotoGP has confirmed that the Australian Grand Prix will move from...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher gaining confidence on ovals after...
No description available...
5h ago from Motorsport.com
IndyCar expanding global broadcasting presence for the...
No description available...
1d ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
1d ago from MotorsportWeek.c...
Alexander Rossi fastest as rain disrupts second...
The NTT IndyCar Series completed the second and final day of testing at...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
4d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
5d ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
5d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Man United accelerate move for 'generational' talent,...
Manchester United are hoping to sign the Brazilian attacker Gabriel...
40m ago from CaughtOffside.com
Liverpool join Arsenal in race for 23-year-old...
Arsenal and Liverpool are interested in signing the PSG attacker Bradley...
40m ago from CaughtOffside.com
Eze plays long game but end-of-season form could give...
ymaker, out of favour under Mikel Arteta, has scored 18 of his 38 Premier...
50m ago from TheGuardian.com
Arsenal icon boldly claims Real Madrid would miss out...
Arsenal icon Theo Walcott has boldly claimed that Real Madrid would finish...
3h ago from SportsKeeda.com
Comments
Hottest News
F1 2026 Bahrain pre-season 2nd Test - Day 3 full results
Check out the full results from the third day of... Read More »
4h ago from RacingNews365.com
Max Verstappen hands Red Bull 'obvious' verdict as...
Max Verstappen failed to reach the 1m 32s in... Read More »
2h ago from RacingNews365.com
F1 star jetted off from testing just 12 MINUTES after their...
A Sky Sports F1 star has revealed a hilarious... Read More »
4h ago from GPFans.com
