News Details
Renault finally completes Lotus takeover
– Renault has finally completed its planned takeover of the Lotus team, after lengthy negotiations, meaning it will return to Formula 1 as a fully-fledged works outfit from the 2016 season.Renault signed a letter of intent with Lotus in September, just before the Enstone-based team was due back in court over unpaid taxes, but only now has the deal been officially signed off by both parties.Renault, which previously owned the team from 2002 to 2009, claiming both the Drivers' and Constructors' world titles back-to-back in 2005 and 2006, had already re-deployed staff at the squad's facilities."Renault had two options: to come back at 100 per cent or leave," said Carlos Ghosn,...
Full Story »
Full Story »
9y ago from GPUpdate.net
0
You May Also Be Interested In...
Renault takeover of Lotus F1 is done deal
F1 News Renault takeover of Lotus F1 is done deal Here's how the new tire...
9y ago from Formula1Blog.com
Lotus-Renault wait goes on
Renault have confirmed that their long-awaited takeover of the Lotus team...
9y ago from SkySports.com
'No hitch to Lotus-Renault deal'
Renault have confirmed that their long-awaited takeover of the Lotus team...
9y ago from SkySports.com
Lotus-Renault takeover ‘completed'
Renault has confirmed the take-over process with Lotus F1 has been...
9y ago from F1Hub.net
Elsewhere On The Network
Popular On MGPToday.com
Yamaha and Pramac unveil 2025 MotoGP bikes in Kuala...
No description available...
10h ago from Motorsport.com
Yamaha and Pramac display 2025 MotoGP liveries
On Friday, Yamaha and its satellite team, Pramac Racing, displayed its...
10h ago from MotorsportWeek.c...
KTM already working on 2027 MotoGP rules as it...
No description available...
1d ago from Motorsport.com
KTM riders Brad Binder and Pedro Acosta discuss 2025...
Factory KTM riders Brad Binder and Pedro Acosta discuss their respective...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
4h ago from MotorsportWeek.c...
Team Penske's Tim Cindric steps back from his...
No description available...
3h ago from Motorsport.com
PREMA completes first on-track IndyCar test session
PREMA Racing conducted its first on-track test session in IndyCar earlier...
1d ago from MotorsportWeek.c...
Zak Brown: IndyCar "should slipstream on the back...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
1d ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
4d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Martin Ødegaard relishing ‘heat’ of battle with...
t;li>Arsenal captain up against friend Erling HaalandTeams fought out...
45m ago from TheGuardian.com
Premier League GW24 predictions: Arsenal to win...
Sports Mole takes on Glenn Smyth - a member of rock'n'roll blast band...
4h ago from SportsMole.co.uk
Liverpool boss Arne Slot claims Arsenal use same set...
No description available...
4h ago from SportsKeeda.com
Arsenal, Liverpool, Chelsea and more: Jamie Carragher...
No description available...
4h ago from SportsKeeda.com
Comments
Hottest News
Brake Failure Caused Lewis Hamilton's First Ferrari Crash
Lewis Hamilton’s pre-season crash during... Read More »
2h ago from Formula1News.co.uk
Reason behind Hamilton Ferrari crash revealed as health...
The reason behind Lewis Hamilton's first Ferrari... Read More »
4h ago from GPFans.com
Ricciardo Cadillac 2026 verdict issued as BOMBSHELL drops...
The FIA have revealed a shock new entry for a... Read More »
25m ago from GPFans.com
