News Details
Lotus winding-up petition postponed
– A winding-up petition against Lotus has been adjourned for two weeks, in a bid to give the team enough time to reach an agreement with a number of creditors.Lotus Formula 1 Ltd was among those on a winding-up list of the Companies Court on Monday, with judge Mr Registrar Briggs delaying the hearing until July 20.Lotus has faced financial problems in recent seasons, and slumped to eighth in last year's championship standings, ahead of only Marussia, Sauber and Caterham.Lotus CEO Matthew Carter is confident, however, that the matter will be resolved in due course, and that the case will have no bearing on the team's Formula 1 future."A number of suppliers are feeling a little...
Full Story »
Full Story »
10y ago from GPUpdate.net
0
You May Also Be Interested In...
Lotus winding-up hearing postponed by High Court
Lotus has been able to postpone a winding-up hearing for two weeks after...
10y ago from Crash.net
Lotus F1 team faces winding-up petition
The Lotus Formula 1 team is facing legal trouble in the wake of a...
10y ago from Motorsport.com
Business as usual for Lotus
A number of creditors, clearly concerned by the demise of Caterham and...
10y ago from Pitpass.com
Kubica: F1 remains beyond my reach at present
Robert Kubica has admitted that racing in formula one remains 'beyond my...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Fermin Aldeguer remains hospitalised after leg surgery
No description available...
4h ago from Motorsport.com
‘Super talented’ MotoGP rookie Diogo Moreira...
Pedro Acosta believes “super talented” rookie Diogo Moreira has the...
2h ago from MotorsportWeek.c...
Max Biaggi: Aprilia 'not scared by any track' after...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
2d ago from Motorsport.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
4d ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
4d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
How did WRC champion Kalle Rovanpera’s single-seater...
No description available...
36m ago from Motorsport.com
Could time bonuses solve the “yo-yo effect” at the...
No description available...
1d ago from Motorsport.com
Dakar 2026, Stage 7: Mattias Ekstrom wins stage after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Liam Rosenior provides fitness update on Cole Palmer...
Chelsea's head coach, Liam Rosenior, has disclosed that Cole Palmer and...
46m ago from SportsKeeda.com
Carabao Cup semis live on Sky: Newcastle face new test...
The Carabao Cup returns to Sky Sports this week for the first legs of the...
2h ago from SkySports.com
“His performances will go down” - Makelele warns...
Former Chelsea midfielder Claude Makelele wants the club to surround...
2h ago from SportsKeeda.com
Robert Pires claims 26-year-old Arsenal star is now in...
Arsenal legend Robert Pires has heaped praise on Declan Rice, calling him...
6m ago from SportsKeeda.com
Comments
Hottest News
Hill and Herbert name their F1 ‘dark horses’ for 2026
Damon Hill and Johnny Herbert believe the 2026... Read More »
56m ago from F1i.com
F1: 'We still need more time,' admits Honda boss
'To be honest, not everything is going well,'... Read More »
2h ago from Pitpass.com
‘Not everything is going well': Honda makes startling...
Honda Racing's president Koji Watanabe has... Read More »
4h ago from MotorsportWeek.com
