News Details

Lotus F1 team's legal case adjourned again

Lotus has been granted an adjournment in its latest court case with HMRC, as uncertainty continues to surround the future of the team. Renault is eyeing a potential takeover of the outfit to resurrect its works team, and it is understood the deal hinges on whether or not the French car manufacturer can earn increased commercial rights income from FOM. So far, its efforts to earn what are known as 'historical bonuses' have not been successful, and it is understood that until it can put in place the right financial package any move to buy Lotus will not progress. Lotus itself is facing financial difficulties, and faced another crunch hearing with HMRC over unpaid income tax and national...
Full Story »
10y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Alonso: Hopefully Renault stay in Formula 1

Fernando Alonso has urged Renault to stay in Formula 1, saying the French...
10y ago from GrandPrix247.com

Alonso urges Renault to stay in F1

Spain's Fernando Alonso has urged Renault to stay in Formula One, saying...
10y ago from SuperSport.com

Analysis: Why the Singapore GP is a success story

While countries like India and Korea have failed to make a success of...
10y ago from Motorsport.com

Renault chief says Red Bull divorce is close

Renault chairman Carlos Ghosn has dropped the firmest hint yet that his...
10y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Honda pinpoints potential ‘advantage' ahead of...

Honda technical director Romano Albesiano believes there is one specific...
23h ago from MotorsportWeek.c...

Toprak Razgatlioglu admits MotoGP adaptation...

Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Oliver Solberg storms into Safari Rally Kenya lead

Kenya. Storms. Rain. Mud. With just two stages on Thursday’s itinerary,...
16h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Sources on 'talks' as Arsenal battle with Man United...

Arsenal and Manchester United have both had some initial contacts over the...
1h ago from CaughtOffside.com

Chelsea plan ambitious transfer for Arsenal defender...

Chelsea are reportedly eyeing an ambitious move to sign Riccardo Calafiori...
1h ago from SportsKeeda.com

New twist as Man United join Arsenal in holding talks...

Manchester United are reportedly also in talks over a potential transfer...
2h ago from CaughtOffside.com

Home and away

Hi, good morning, how are you? I woke up, made coffee, gave Lana some pats...
2h ago from Arseblog.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.