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 »
9y 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...
9y ago from GrandPrix247.com

Alonso urges Renault to stay in F1

Spain's Fernando Alonso has urged Renault to stay in Formula One, saying...
9y 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...
9y ago from Motorsport.com

Renault chief says Red Bull divorce is close

Renault chairman Carlos Ghosn has dropped the firmest hint yet that his...
9y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Francesco Bagnaia steamrolls to Thai MotoGP pole

Two-time MotoGP champion Francesco Bagnaia steamrolled the field to secure...

Popular On IndyCarToday.com

IMS debuts 11 special Taylor Swift helmets to...

Indianapolis Motor Speedway revealed 11 special racing helmets on Friday,...

Graham Rahal hoping better luck helps him rebound in...

Graham Rahal believes a continued streak of bad luck has played a major...

Popular On TotalWRC.com

Popular On GunnersToday.com

Sunday's Premier League predictions including Arsenal...

Sports Mole provides score predictions and previews for all of today's...
23m ago from SportsMole.co.uk

Pundit urges Mikel Arteta to find Arsenal's...

Danny Murphy has dismissed calls that Arsenal have become a ‘boring'...
8h ago from CaughtOffside.com

David Raya claims Arsenal will not curb their...

t;li>David Raya: ‘We should celebrate every win the same’Goalkeeper...
8h 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.