News Details

Toyota, Bell Helmets among Lotus creditors

Toyota, Bell Helmets among Lotus creditors Posted On 28 Aug 2015 By : thisisf1 Comment: 0 Facebook0 Twitter0 Google+0 Pinterest0 Toyota, Bell Helmets among Lotus creditors Charles Pic is not the only creditor at embattled Lotus, it has emerged. Prior to the black and gold cars being impounded by court bailiffs at Spa-Francorchamps, the Enstone team was already running into financial trouble. Xtrac, a transmission specialist, had filed a ‘winding up' petition in the British high court, while Pirelli had threatened not to release tyres due to an unpaid bill. The problems then came to a head in Belgium, when disgruntled former reserve driver Charles Pic pressed his claim for $800,000...
Full Story »
9y ago from ThisIsF1.com 0
Share

You May Also Be Interested In...

More Lotus creditors emerging in wake of Spa

It has emerged Charles Pic is not the only creditor of the embattled...
9y ago from GrandPrix247.com

Lotus eyes Pic solution as bailiffs arrive

Lotus is hoping that it will be able to resolve its legal dispute with...
9y ago from Motorsport.com

Lotus cars finally allowed to leave Belgium

Four days after the Belgian Grand Prix, Lotus and its black and gold cars...
9y ago from GrandPrix247.com

Pic admits Lotus ‘did not respect the contract’

Yet another cloud has formed above the troubled Lotus team's garage. The...
9y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez cruises to MotoGP Sprint victory at Jerez

Ducati’s Marc Marquez cantered to a record-equalling fifth consecutive...

Pedro Acosta still ‘focused' on KTM amid Honda...

Pedro Acosta's manager Albert Valera has provided an update regarding his...

Popular On IndyCarToday.com

Robert Shwartzman still working to understand ‘very...

Robert Shwartzman is one of rookie three drivers racing in IndyCar this...
11h ago from MotorsportWeek.c...

Arrow McLaren extends partnership with RJ Reynolds

Arrow McLaren announced on Tuesday that it has extended its Primary...

Popular On TotalWRC.com

Popular On GunnersToday.com

PSG (3) 2-1 (1) Arsenal: Lighthearted Luis Enrique...

Luis Enrique jokes that his Paris Saint-Germain side come from the 'league...
26m ago from SportsMole.co.uk

Paris Saint-Germain 2-1 Arsenal (agg: 3-1): Champions...

nluigi Donnarumma made two awesome saves as PSG withstood an early...
56m ago from TheGuardian.com

Paris Saint-Germain 2-1 Arsenal: player ratings from...

nluigi Donnarumma was outstanding again while Myles Lewis-Skelly...
56m ago from TheGuardian.com

All cake, no icing: Arteta’s Arsenal left sensing a...

enal dominated the start of the match, as they knew they had to, but...
56m ago from TheGuardian.com

Comments

Hottest News

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.