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
Alex Márquez wins Catalan Grand Prix to end...
t;li>Marc Márquez’s winning streak ends at home grand prixAlex...
12h ago from TheGuardian.com
Alex Marquez raised middle finger at Turn 10 after...
No description available...
10h ago from Motorsport.com
MotoGP Catalan GP: Alex Marquez fends off Marc to take...
No description available...
13h ago from Motorsport.com
Marc Marquez: Alex’s strengths are my weaknesses in...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
5d ago from MotorsportWeek.c...
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
4d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
4d ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
1w ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
6d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Unflappable Eberechi Eze vows to keep living in the...
er his FA Cup-winning goal and move to Arsenal the attacking midfielder...
4h ago from TheGuardian.com
Liverpool, Arsenal or Manchester City? Kylian Mbappe...
Real Madrid superstar has picked his favorite to win the Premier League...
10h ago from SportsKeeda.com
Sunday round-up: Smith, Rice, Saliba
Morning. A quick Sunday blog for you, starting with Arsenal Women who...
18h ago from Arseblog.com
Report: Man United, Arsenal and Chelsea could battle...
Inter Milan defender Denzel Dumfries has been linked with a move away from...
11h ago from CaughtOffside.com
Comments
Hottest News
Christian Horner makes surprise Italian Grand Prix statement
Axed Red Bull F1 team principal Christian Horner... Read More »
9h ago from GPFans.com
Norris: We’re not idiots, we have plans for different...
McLaren were in the spotlight after the team... Read More »
1h ago from GrandPrix247.com
Piastri and Norris slammed for 'utter woke nonsense' after...
McLaren's decision to order Oscar Piastri to swap... Read More »
11h ago from GPFans.com
