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
Pedro Acosta explains what KTM needs to close the gap...
No description available...
6h ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
11h ago from Motorsport.com
MotoGP legend shares how ‘different level’ Marc...
Five-time 500cc champion Mick Doohan believes the way Marc Marquez...
1d ago from MotorsportWeek.c...
Fabio Quartararo staying “a little bit out” of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power says father wrestling gunman was "just...
No description available...
42m ago from Motorsport.com
O'Ward: F1 has become an "artificial" show,...
No description available...
6h ago from Motorsport.com
Current street course woes make Long Beach “a...
No description available...
6h ago from Motorsport.com
How to watch IndyCar 2026 at Long Beach: Weekend...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
6h ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
7h ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal will not play for a draw in Manchester City...
t;li>Arsenal coach sees trip to Etihad as ‘a big opportunity’Bukayo...
1h ago from TheGuardian.com
Wayne Rooney makes huge Arsenal title claim amid late...
Manchester United legend Wayne Rooney has backed Arsenal to clinch the...
4h ago from CaughtOffside.com
Arsenal plotting move to sign 3rd youngest player in...
Arsenal are reportedly preparing a move for Leicester City youngster...
7h ago from SportsKeeda.com
Will Man City v Arsenal decide the Premier League...
No description available...
5h ago from TheGuardian.com
Comments
Hottest News
F1 champion finally reveals all on Bob Mortimer and THAT...
There are moments when F1 transcends the sport... Read More »
1h ago from GPFans.com
Alpine F1 management reshuffle spells potential buy-out...
The Renault Group has appointed its Head of... Read More »
3h ago from MotorsportWeek.com
Daniel Ricciardo swaps four wheels for two as F1 star makes...
Former F1 star Daniel Ricciardo has been seen... Read More »
2h ago from GPFans.com
