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 »
10y 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...
10y ago from F1i.com
Renault complete purchase of Lotus
Renault have completed their takeover of the Lotus Formula One team and...
10y ago from SuperSport.com
Renault takeover of Lotus finally completed
Renault's return to Formula 1 with its own team has been formally...
10y ago from Motorsport.com
Verstappen completes ‘most overtaking moves' in...
Toro Rosso driver, Max Verstappen has completed the most amount of...
10y ago from F1Hub.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP legend shares how ‘different level’ Marc...
Five-time 500cc champion Mick Doohan believes the way Marc Marquez...
9h ago from MotorsportWeek.c...
Fabio Quartararo staying “a little bit out” of...
No description available...
10h ago from Motorsport.com
Trackhouse boss reveals steps MotoGP must take to...
Trackhouse owner Justin Marks has revealed how he plans to promote his...
1d ago from MotorsportWeek.c...
Alex Marquez still involved in Ducati’s MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
How to watch IndyCar 2026 at Long Beach: Weekend...
No description available...
8h ago from Motorsport.com
Exclusive Q&A: Mick Schumacher believes 'great things...
No description available...
1d ago from Motorsport.com
Experienced engineer Mike O’Gara joins IndyCar as...
IndyCar has announced that Mike O’Gara has joined the series as Vice...
1d ago from MotorsportWeek.c...
Mike O’Gara named IndyCar’s Vice President of...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
1d ago from Motorsport.com
Why WRC Croatia victory was “quite special” for...
No description available...
3d ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Tactics Column: Lessons for Arsenal against Man City's...
It may sound counterintuitive, but Mikel Arteta might, before what is...
3h ago from Arseblog.com
Paul Merson predicts Manchester City vs Arsenal,...
Manchester City are the favourites to win the Premier League if they beat...
7h ago from SportsKeeda.com
'We’ll be ready for it' - Arsenal star Declan Rice...
Arsenal star Declan Rice has sent a message to Manchester City ahead of...
7h ago from SportsKeeda.com
Former Arsenal & Liverpool star Alex Manninger...
Former Arsenal and Liverpool goalkeeper Alex Manninger has tragically died...
8h ago from CaughtOffside.com
Comments
Hottest News
Is Lewis Hamilton moving in with Kim Kardashian? F1 legend...
F1 legend Lewis Hamilton has been spotted with... Read More »
1h ago from GPFans.com
F1 return given green light for 2028 after 13-year absence
The green light has been given internally for a... Read More »
5h ago from GPFans.com
Lance Stroll breaks silence after Aston Martin outing saw...
Aston Martin F1 star Lance Stroll has suggested... Read More »
2h ago from GPFans.com
