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

Marc Marquez leads the way in second Brno MotoGP...

The complex interchangeable conditions sees Marc Marquez lead the field...

Popular On IndyCarToday.com

Taylor Barnard rejected McLaren IndyCar and WEC offers...

Taylor Barnard has turned down the chance to race for Arrow McLaren in...

IndyCar Iowa – Race 1 Results

The first race of IndyCar’s double-header weekend from Iowa Speedway...

Popular On TotalWRC.com

Sensational Solberg leads Rally Estonia!

It may be just a one-off outing in Toyota Gazoo Racing’s GR Yaris...

Popular On GunnersToday.com

'I'm somebody who goes with my gut feeling a lot' -...

New Arsenal signing Noni Madueke has explained that he's a player who...
59m ago from SportsKeeda.com

Xavi Simons player profile: How much would the Chelsea...

RB Leipzig attacker Xavi Simons is currently one of the most sought-after...
39m ago from CaughtOffside.com

Noni Madueke will be unfazed by new Arsenal challenge...

el Arteta’s latest signing from Chelsea is a driven individual,...
2h ago from TheGuardian.com

New signing profile: Noni Madueke

With pre-season fixtures looming, Arsenal wasted little time securing...
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.