News Details

Renault helped Lotus survive tax hearing

Renault helped Lotus to survive a crucial court date on Monday, as the two sides continue to drive towards a team buyout deal. Financially-crippled Lotus headed straight from Monza to the London high court, where the British tax authorities pressed for the Enstone team to be put into administration. The case, surrounding an unpaid tax bill, was adjourned until September 18 – the day of Friday practice ahead of the forthcoming Singapore Grand Prix. 'It appears Lotus were saved for now by representatives of Renault at the hearing,' wrote Telegraph correspondent Daniel Johnson. A deal between Lotus and Renault, however, still has not been done. Auto Motor und Sport said the reason for...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Lotus head for Monza hoping for good news

The Lotus trucks were heading to Monza on Tuesday as the...
10y ago from GrandPrix247.com

Lotus arrive at Monza but will they race?

The Italian Grand Prix weekend at Monza looks set to be another...
10y ago from GrandPrix247.com

Ecclestone: I covered Lotus wages to make sure they...

Formula 1 boss Bernie Ecclestone reportedly paid the wages of embattled...
10y ago from GrandPrix247.com

Lotus: Renault is not our only option

Renault is not Lotus's only hope of survival and the financially-troubled...
10y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Mark Miles teases possible non-championship...

IndyCar is largely considered a North American championship, with races...

IndyCar tire, brake testing completed on IMS oval

IndyCar staged a test at the Indianapolis Motor Speedway on Tuesday and...

Enzo Fittipaldi hails ‘productive’ test with Arrow...

Enzo Fittipaldi completed an IndyCar test with Arrow McLaren last week,...

Popular On TotalWRC.com

Popular On GunnersToday.com

'The highest XG in the Prem' | Glasner says Palace...

Crystal Palace manager Oliver Glasner says that his side have managed to...
41m ago from SkySports.com

Real Madrid willing to pay 100m to win race for...

Real Madrid are reportedly willing to pay as much as 100m to ensure they...
11m ago from CaughtOffside.com

Eze learning quickly at Arsenal but where should he...

Mikel Arteta referenced "very unusual giveaways that caused...
5h ago from SkySports.com

“He’s become their main man” - Danny Murphy...

Pundit Danny Murphy has named Arsenal midfielder Declan Rice as the main...
7h ago from SportsKeeda.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.