News Details
Renault to pay Lotus debts by end of year
In the High Court in London this morning, Mr Justice Birss adjourned the outstanding case against the Lotus F1 team until 21 December, after being told that Renault's buy-out of the team will be finalised five days earlier. We are in a different territory now,' insisted a lawyer for Lotus, referring to the fact that after months of promises and speculation the takeover was now (almost) a reality. 'You got away with it, or rather, it has been got away with,' said Justice Birss, after hearing that none of the creditors, which include Her Majesty's Revenue and Customs, object to the latest adjournment. On Thursday, over two months since announcing that a Letter of Intent had been signed,...
Full Story »
Full Story »
9y ago from Pitpass.com
0
You May Also Be Interested In...
Renault to pay Lotus debts by end of year
French carmaker Renault aims to complete its takeover of the Lotus...
9y ago from GrandPrix247.com
Renault to pay Lotus debts by end of year
French carmaker Renault aims to complete its takeover of the Lotus...
9y ago from SuperSport.com
Lotus court case postponed pending Renault purchase
The Lotus Formula 1 team's court case has been subject to a further...
9y ago from Motorsport.com
Lotus/HMRC court case adjourned again
– Lotus' legal battle with HM Revenue and Customs (HMRC) over...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
How far has Francesco Bagnaia fallen behind compared...
No description available...
5h ago from Motorsport.com
Marc Marquez's crash tally halves in 2025 as Ducati...
No description available...
7h ago from Motorsport.com
VR46 Ducati retains Franco Morbidelli for 2026 MotoGP...
No description available...
9h ago from Motorsport.com
Franco Morbidelli renews with VR46 Racing Team for...
Franco Morbidelli has announced he will remain a satellite Ducati rider...
8h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Will Power released after 17 years with Team Penske
Team Penske has parted ways with veteran IndyCar driver Will Power, the...
4h ago from MotorsportWeek.c...
Will Power and Team Penske officially part ways after...
No description available...
4h ago from Motorsport.com
Scott McLaughlin praises Kyffin Simpson after titanic...
Two Team Penske drivers finished on the podium in IndyCar’s season...
1d ago from MotorsportWeek.c...
Winners and Losers of the 2025 IndyCar Nashville...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
2d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
1d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Piero Hincapie reveals what Granit Xhaka told him...
New Arsenal signing Piero Hincapie has admitted he spoke to former Gunner...
3h ago from SportsKeeda.com
Mikel Arteta’s Arsenal stuck in gear as Arne...
day’s match was defined by a brilliant free-kick, but the way it came...
7h ago from TheGuardian.com
Szoboszlai’s rocket and Milner’s new milestone –...
;a href="https://bsky.app/profile/maxrushden.bsky.social">Max...
7h ago from TheGuardian.com
Transfer deadline day: Premier League club-by-club...
No description available...
7h ago from TheGuardian.com
Comments
Hottest News
Staggering Newey admission emerges over Verstappen to Aston...
Adrian Newey has discussed Max Verstappen’s... Read More »
6h ago from GPFans.com
F1: Abu Dhabi's CYVN Holdings takes full ownership of...
Abu Dhabi's CYVN Holdings has completed its... Read More »
50m ago from Pitpass.com
Albon determined ‘to keep Williams train going’ after...
Alex Albon pulled off one of the standout... Read More »
1h ago from F1i.com
