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

Honda exhibits 2025 MotoGP livery

Honda Racing Corporation is the latest team to exhibit its 2025 MotoGP...

Popular On IndyCarToday.com

Penske President Tim Cindric to reduce leadership role

Team Penske announced on Friday afternoon that long-time President Tim...

PREMA completes first on-track IndyCar test session

PREMA Racing conducted its first on-track test session in IndyCar earlier...

Popular On TotalWRC.com

Popular On GunnersToday.com

Transfer deadline day January 2025: When does the...

Sports Mole rounds up everything you need to know about transfer deadline...
1h ago from SportsMole.co.uk

'Agreement reached' – Fabrizio Romano issues...

Arsenal have been looking to make an attacking signing as manager Mikel...
4h ago from CaughtOffside.com

Sunday's Premier League predictions including Arsenal...

Sports Mole provides score predictions and previews for all of today's...
5h ago from SportsMole.co.uk

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.