News Details

Lotus play down winding-up order

Lotus remain confident about its Formula 1 future despite facing a winding-up petition in the High Court. The Enstone squad have made no secret of their financial problems the past couple of seasons and it all appears to be coming to a head as their creditors brought the order against the team. A hearing was scheduled at the Companies Court in London for Monday, however a spokesperson for the Court confirmed it has been adjourned for two weeks until July 20. Lotus, are currently sixth in the Constructors' Championship, and CEO Matthew Carter insists everything is under control. 'A number of suppliers are feeling a little negative because of what happened to Caterham and Marussia, and...
Full Story »
9y ago from PlanetF1.com 0
Share

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...
9y ago from Crash.net

Lotus F1 dodges ‘winding up petition’ in court

Reports of financial strife at Lotus have resurfaced this week. Amid...
9y ago from ThisIsF1.com

Lotus F1 team have winding-up petition adjourned

A winding-up petition brought by creditors against the Lotus Formula...
9y ago from GrandPrix247.com

Business as usual for Lotus

A number of creditors, clearly concerned by the demise of Caterham and...
9y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Yamaha supports Alex Rins amid tough 2024 MotoGP season

Yamaha has vocalised its support for Alex Rins, stating 'we know what he...

Popular On IndyCarToday.com

McLaren Racing has completed full acquisition of its...

McLaren Racing announced on Friday that it completed full acquisition of...

Popular On TotalWRC.com

Popular On GunnersToday.com

Brighton 1-1 Arsenal: Premier League – live

an Nwaneri scored for Arsenal on only his second Premier League start, but...
5h ago from TheGuardian.com

João Pedro’s penalty for Brighton hurts Arsenal...

Arsenal are serious about winning the title this season then Mikel Arteta...
5h ago from TheGuardian.com

Arteta rages at Brighton penalty award: ‘I’ve...

t;li>João Pedro won and scored spot-kick in Arsenal draw‘When you...
5h ago from TheGuardian.com

Comments

Hottest News

Kelly Piquet reveals TWIN announcement

The partner of Formula 1 champion Max Verstappen... Read More »
5h ago from GPFans.com

Ricciardo handed surprise verdict as former F1 star lured...

Daniel Ricciardo's Formula 1 luck took a downturn... Read More »
4h ago from GPFans.com

McLaren chief issues statement over team SALE

McLaren CEO Zak Brown has issued a statement... Read More »
14h ago from GPFans.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.