News Details
Lotus winding-up hearing postponed by High Court
Lotus has been able to postpone a winding-up hearing for two weeks after being summoned to the High Court in a legal battle with a number of creditors. The Lotus Formula 1 Ltd company is facing a financial settlement with creditors after being handed a winding-up petition at the Companies Court this Monday (6th July) with judge Mr Registrar Briggs present, but the hearing has been delayed by 14 days to allow the parties to find an out-of-court settlement. It is believed the Enstone-based team is waiting for funds to come in to pay its creditors, however, if they are unable to find a resolution over the next two weeks Lotus could be threatened with administration which could put its F1...
Full Story »
Full Story »
You May Also Be Interested In...
Button not looking for points after tough Friday
Jenson Button has admitted that McLaren is unlikely to record a top ten...
10y ago from Crash.net
Small updates as Lotus looks for home comforts
Lotus technical director Nick Chester is in optimistic mood as the team...
10y ago from Crash.net
Verstappen knocked sideways by wild Silverstone exit
Max Verstappen says he is uncertain as to why he suffered a high-speed...
10y ago from Crash.net
Massa aims to capitalise on Williams high spirits
Felipe Massa says Williams is riding on a crest of a wave which he hopes...
10y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia’s slump “all in his head” amid...
No description available...
3h ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
9h ago from MotorsportWeek.c...
Supersub Pol Espargaro deserves to be full-time MotoGP...
No description available...
1d ago from Motorsport.com
Honda reveals how Ai Ogura snub pushed Diogo Moreira...
Honda was forced to change its “original plan” to sign Diogo Moreira...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Tony Kanaan praises FIA for revising IndyCar...
No description available...
56m ago from Motorsport.com
FIA increases IndyCar super license allocations
The World Motorsport Council has announced that the allocation of super...
3h ago from MotorsportWeek.c...
IndyCar looking to add ‘more events, not just...
IndyCar has identified a need to make sure future races on the calendar...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA reveals final details of WRC 2027 regulations
No description available...
5h ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
7h ago from Motorsport.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
5d ago from Motorsport.com
Oliver Solberg steps up WRC 2026 preparations with...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'What’s going on at this club', 'This should be...
Arsenal are left stunned on social media as Mikel Arteta has named...
36m ago from SportsKeeda.com
Arsenal and Tottenham eyeing £50m wide player who...
Arsenal and Tottenham Hotspur have been linked with a move for the...
2h ago from CaughtOffside.com
Club Brugge v Arsenal – live blog
Join us for live blog coverage of our Champions League clash away to Club...
26m ago from Arseblog.com
Comments
Hottest News
Helmut Marko's shock comments over F1 star were last straw...
Helmut Marko will leave Red Bull at the end of... Read More »
3h ago from GPFans.com
Lewis Hamilton’s jaw-dropping salary revealed…but F1...
F1's highest paid drivers for 2025 have been... Read More »
36m ago from GPFans.com
Liam Lawson delivers shock final four-letter verdict on Red...
It was a two-race cameo to forget for Liam... Read More »
56m ago from RacingNews365.com
