News Details
Renault completes purchase of Lotus
– Renault has formally completed its takeover of Lotus, after finalising a share purchase agreement (SPA) and paying off debts to creditors, including the British tax authorities.Renault, which initially signed a letter of intent with Lotus in September, finally confirmed that it would be purchasing the Enstone-based team at the beginning of the month.Final details, including the payment of debts and share transfers, still needed to be settled, but a lawyer for Renault told the High Court on Monday that the process is now complete."We have a completion of the share purchase. We have the keys, so to speak," a lawyer for Renault was quoted as saying by Reuters during a...
Full Story »
Full Story »
9y ago from GPUpdate.net
0
You May Also Be Interested In...
Renault formally completes Lotus takeover
XPB Images
Renault has formally completed its takeover of the...
9y ago from F1i.com
Renault complete purchase of Lotus
Renault have completed their takeover of the Lotus Formula One team and...
9y ago from SuperSport.com
Renault takeover of Lotus finally completed
Renault's return to Formula 1 with its own team has been formally...
9y ago from Motorsport.com
Verstappen completes ‘most overtaking moves' in...
Toro Rosso driver, Max Verstappen has completed the most amount of...
9y ago from F1Hub.net
Elsewhere On The Network
Popular On MGPToday.com
Why Jack Miller and Alex Rins see more potential in...
No description available...
52m ago from Motorsport.com
Marc Marquez recalls the ‘super difficult...
Marc Marquez discusses his previous MotoGP career decision to depart...
3h ago from MotorsportWeek.c...
Why Ducati faces its most complicated contract renewal...
No description available...
4h ago from Motorsport.com
Marc Marquez buries 10-year clash with Valentino...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
JHR retains Sting Ray Robb for second season
Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...
1d ago from MotorsportWeek.c...
Sting Ray Robb to continue with Juncos Racing for 2026...
No description available...
2d ago from Motorsport.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
1w ago from MotorsportWeek.c...
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg steps up WRC 2026 preparations with...
No description available...
1h ago from Motorsport.com
Hyundai upgrading Rally2 car to “cover all bases”...
No description available...
1d ago from Motorsport.com
Why WRC drivers thought Rally Saudi Arabia was too...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Double deal! Arsenal agree to sign Quintero twins from...
Arsenal have agreed a deal to sign...
22m ago from SkySports.com
Where Rodrygo could be heading next amid Arsenal,...
According to TEAMtalk, 24-year-old winger Real Madrid star Rodrygo is open...
2h ago from CaughtOffside.com
Aston Villa vs Arsenal Prediction and Betting Tips |...
Aston Villa take on Arsenal in a blockbuster Premier League clash on...
1h ago from SportsKeeda.com
Paul Merson predicts Aston Villa vs Arsenal and other...
When fixtures come thick and fast in the Premier League, we always expect...
2h ago from SportsKeeda.com
Comments
Hottest News
Yuki Tsunoda reveals that Red Bull deal blocked potential...
Yuki Tsunoda has admitted that his contract with... Read More »
1h ago from MotorsportWeek.com
Who is Cian Shields? The Aston Martin debutant and son of...
Aston Martin are set to have two rookies in their... Read More »
41m ago from GPFans.com
'I would love it' - Norris open to McLaren team orders for...
Lando Norris admits he would "love it"... Read More »
42m ago from SkySports.com
