News Details
Breaking News: Done deal as Renault buy Lotus
Renault Group and Gravity Motorsports S.a.r.l., an affiliate of Genii Capital SA, are pleased to announce the signature of a Letter of Intent regarding the potential acquisition by Renault of a controlling stake in Lotus F1 Team Ltd. The signature of this Letter of Intent marks Renault’s first step towards the project of a Renault Formula 1 team from the 2016 racing season thereby extending 38 years of commitment of the brand to world’s premier motorsport championship series. Renault Group and Gravity will work together in the coming weeks to eventually turn this initial undertaking into a definitive transaction provided all terms and conditions are met between them and other...
Full Story »
Full Story »
9y ago from GrandPrix247.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
Renault answers Lotus' call with buyout
The will they or won't they buy Lotus saga is coming to an end with...
9y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Maverick Vinales: ‘It was a big mistake’ to reject...
Maverick Vinales admitted it was a “big mistake” to reject offers...
8h ago from MotorsportWeek.c...
Lorenzo lands front row Start for Indianapolis GP
No description available...
9h ago from Motorsport.com
Marquez and Pedrosa complete perfect 1-2 in qualifying...
No description available...
9h ago from Motorsport.com
Gresini and Cecchinello: Two decades as grand prix...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
Pietro Fittipaldi is fueled by 5-Hour Energy and lots...
No description available...
9h ago from Motorsport.com
How Scott Dixon pulled off another fuel-saving...
No description available...
1d ago from Motorsport.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
2d ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Saudi’s first female racer welcomes a new future for...
No description available...
9h ago from Motorsport.com
F1 celebrates historic milestone with big events and...
No description available...
9h ago from Motorsport.com
Dermot O’Leary to host the 2025 Autosport Awards
No description available...
9h ago from Motorsport.com
How Oliver Solberg is preparing for "dream”...
No description available...
10h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal edge closer to signing 23-year-old as £50m...
Having completed the signing of Martin Zubimendi over the weekend, Arsenal...
5h ago from CaughtOffside.com
Turkish club could move to sign Victor Gyokeres if...
Fenerbahce are reportedly willing to pounce on any chance of signing...
5h ago from SportsKeeda.com
Arsenal submit initial bid to sign Noni Madueke,...
Arsenal have reportedly submitted an initial bid of £50 million,...
5h ago from SportsKeeda.com
Man City v Spurs and Liverpool v Arsenal among...
The Premier League has today confirmed the remaining fixture selections...
6h ago from CaughtOffside.com
Comments
Hottest News
Two more leading figures leave Red Bull alongside Christian...
Christian Horner is not the only one who has left... Read More »
8h ago from RacingNews365.com
Bernie Ecclestone delivers verdict on Christian Horner axe:...
Former F1 supremo Bernie Ecclestone has long been... Read More »
7h ago from RacingNews365.com
Ferrari chief issues update on Vasseur future
Ferrari CEO Benedetto Vigna has issued an update... Read More »
2h ago from GPFans.com
