News Details
Renault officially completes Lotus F1 takeover
Renault has formally completed its takeover of the Lotus F1 team, paving the way for the manufacturer to begin its preparations for the 2016 F1 season. After months of negotiations, Renault finally revealed its intentions to return to F1 as a fully-fledged constructor earlier this month through the purchase of the Lotus F1 team, though the completion remained dependent on the resolving of an existing dispute brought by the HMRC over unpaid taxes. However, despite the threat of Lotus being placed in administration, Renault's purchase has seen the insolvency petition dismissed, paving the way for the French firm to complete its takeover. “We have the keys, so to speak,” a lawyer told an...
Full Story »
Full Story »
You May Also Be Interested In...
Renault officially completes Lotus buyout for 2016 F1
The French car giant Renault has officially completed its takeover of the...
9y ago from ThisIsF1.com
Renault formally completes Lotus takeover
XPB Images
Renault has formally completed its takeover of the...
9y ago from F1i.com
Renault completes purchase of Lotus
– Renault has formally completed its takeover of Lotus, after...
9y ago from GPUpdate.net
Renault takeover of Lotus finally completed
Renault's return to Formula 1 with its own team has been formally...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Liberty Media completes 4.3 billion takeover of...
Two weeks on from receiving unanimous EU approval, Liberty Media...
14h ago from MotorsportWeek.c...
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
17h ago from MotorsportWeek.c...
Liberty Media completes its purchase of MotoGP
No description available...
21h ago from Motorsport.com
The CRB is the F1 ‘court’ that could unlock Jorge...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood runs to the top in opening IndyCar...
The NTT IndyCar Series returned to action on Friday, completing a...
8h ago from MotorsportWeek.c...
Christian Rasmussen handed six-place IndyCar grid...
IndyCar officials have handed Christian Rasmussen a six-place grid...
13h ago from MotorsportWeek.c...
Feature: Evaluating IndyCar’s hybrid power system...
The NTT IndyCar Series introduced its long-developed hybrid system in the...
1d ago from MotorsportWeek.c...
RLL having to ‘unwind’ and ‘backtrack’...
Rahal Letterman Lanigan Racing is making a concerted effort to move...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
22h ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
1d ago from Motorsport.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Thomas Partey's lawyer responds to rape charges as...
Former Arsenal defensive midfielder Thomas Partey has been charged with...
1h ago from CaughtOffside.com
Arsenal set for battle with PSG and Real Madrid after...
Arsenal are reportedly set to face competition from Paris Saint-Germain...
1h ago from SportsKeeda.com
Noni Madueke's stance on joining Arsenal amid links...
Chelsea star Noni Madueke is reportedly open to joining Arsenal this...
2h ago from SportsKeeda.com
A sad day for Tomiyasu : A dark day for Arsenal...
Good morning, this is going to be a tough blog to write today. I recognise...
9m ago from Arseblog.com
Comments
Hottest News
F1 News Today: Max Verstappen makes EXIT decision as...
Max Verstappen has confirmed his plans for 2026... Read More »
1h ago from GPFans.com
Lewis Hamilton dismisses concern over record F1 podium...
Lewis Hamilton has said he is unfazed by his... Read More »
59m ago from MotorsportWeek.com
FIA confirm Silverstone circuit changes at British Grand...
The FIA have confirmed several revisions to the... Read More »
28m ago from GPFans.com
