News Details
Renault takeover of Lotus F1 team now a done deal
Renault have completed their takeover of the Lotus Formula One team and paid debts to creditors including the British tax authorities, the London High Court heard on Monday. 'We have a completion of the share purchase,' a lawyer for the French car company told the judge, Mr Justice Birss, at a hearing that formally dismissed an insolvency petition that would have put the team into administration. 'We have the keys, so to speak,' he added. The share purchase agreement (SPA) that made Renault the controlling shareholder had been due for completion on Dec. 16 but the court heard that the acquisition was finalised only late last Friday. Jeremy Bamford, counsel for the revenue and customs...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Renault formally complete takeover of Lotus F1 Team
Renault have announced that their takeover of the Lotus F1 Team has been...
9y ago from FormulaSpy.com
Renault formally completes Lotus takeover
XPB Images
Renault has formally completed its takeover of the...
9y ago from F1i.com
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 finalises takeover of Lotus
Lotus F1 Team Renault has finalised its purchase of the Lotus Formula 1...
9y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
2h ago from Motorsport.com
Why Yamaha was disappointing on 2026 MotoGP rider...
No description available...
20h ago from Motorsport.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
2d ago from Motorsport.com
Maverick Vinales and Somkiat Chantra back on MotoGP...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
1d ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
1d ago from MotorsportWeek.c...
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
3d ago from Motorsport.com
Mother Nature helped, but Christian Rasmussen was the...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
6d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Expert confirms Arsenal are working on 'complicated'...
Arsenal are working on a complicated deal for Bayer Leverkusen's versatile...
1h ago from CaughtOffside.com
'From a conversation I've had…' – Arsenal...
Arsenal FC expert Charles Watts has provided some reassuring insight into...
1h ago from CaughtOffside.com
Jamie Carragher trolls Gary Neville after embarrassing...
Liverpool legend Jamie Carragher has made fun of Gary Neville following...
2h ago from SportsKeeda.com
Exclusive Arsenal column: Why Hincapie transfer looks...
Piero Hincapie and Jakub Kiwior transfers are directly linked Arsenal’s...
4h ago from CaughtOffside.com
Comments
Hottest News
'Twenty years older and $1billion poorer': F1 fans...
Fans have been left astonished by a photo of a... Read More »
4h ago from GPFans.com
Mercedes and Ferrari caught in late FIA inspection ahead of...
The FIA have announced the outcome of a late... Read More »
55m ago from GPFans.com
Toto Wolff shares reaction to Valtteri Bottas signing with...
Valtteri Bottas will leave Mercedes again at the... Read More »
1h ago from RacingNews365.com
