News Details
Lotus F1 team faces winding-up petition
The Lotus Formula 1 team has been given two weeks to reach an agreement with creditors after a winding-up petition was adjourned. Lotus Formula 1 Ltd featured on a winding-up list of the Companies Court on Monday with the hearing delayed until July 20 by judge Mr Registrar Briggs. If the team is unable to come to an agreement with its creditors there is a chance the outfit would be placed into administration. The Enstone operation, currently sixth in the constructor standings, has faced financial struggles in recent seasons. Despite facing a winding-up petitions, Lotus CEO Matthew Carter is confident the team will resolve the issue it has with its creditors. Gearbox manufacturer Xtrac has...
Full Story »
Full Story »
10y ago from SpeedCafe.com
0
You May Also Be Interested In...
Lotus winding-up petition postponed
– A winding-up petition against Lotus has been adjourned for two...
10y ago from GPUpdate.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
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
Elsewhere On The Network
Popular On MGPToday.com
‘Super talented’ MotoGP rookie Diogo Moreira...
Pedro Acosta believes “super talented” rookie Diogo Moreira has the...
23h ago from MotorsportWeek.c...
Fermin Aldeguer remains hospitalised after leg surgery
No description available...
1d ago from Motorsport.com
Max Biaggi: Aprilia 'not scared by any track' after...
No description available...
2d 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
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
4d ago from MotorsportWeek.c...
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...
Power completes “very good” first outing with...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 9: Ford takes 1-2 in overall...
No description available...
2h ago from Motorsport.com
How Elfyn Evans plans to finally achieve rallying’s...
No description available...
1h ago from Motorsport.com
Naturally-aspirated V8: What Ford is doing differently...
No description available...
21h ago from Motorsport.com
How did WRC champion Kalle Rovanpera’s single-seater...
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal contact club over signing wonderkid...
Arsenal have reportedly been in contact with Brazilian club Corinthians to...
32m ago from CaughtOffside.com
Why Arsenal losing Mertesacker is a blow
Over the past decade, arguably the most successful part of Arsenal has...
1h ago from SkySports.com
Deal blocked: Arsenal won't sell star this January...
Arsenal are reportedly not prepared to sell defender Ben White in this...
1h ago from CaughtOffside.com
Arteta to change Arsenal star's position to...
Arsenal manager Mikel Arteta could reportedly change Myles Lewis-Skelly's...
12m ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton urged to finally quit F1: 'It's sad to see...
Lewis Hamilton endured a highly challenging first... Read More »
32m ago from RacingNews365.com
Denny 'the Bear' roars for the final time
Harking back once again to the days when Formula... Read More »
1h ago from F1i.com
The Audi F1 shakedown: What we did (and didn't) learn
Last week, Audi ran its 2026 Formula 1 car for... Read More »
5h ago from GrandPrix247.com
