News Details
Renault to pay Lotus debts by end of year
In the High Court in London this morning, Mr Justice Birss adjourned the outstanding case against the Lotus F1 team until 21 December, after being told that Renault's buy-out of the team will be finalised five days earlier. We are in a different territory now,' insisted a lawyer for Lotus, referring to the fact that after months of promises and speculation the takeover was now (almost) a reality. 'You got away with it, or rather, it has been got away with,' said Justice Birss, after hearing that none of the creditors, which include Her Majesty's Revenue and Customs, object to the latest adjournment. On Thursday, over two months since announcing that a Letter of Intent had been signed,...
Full Story »
Full Story »
9y ago from Pitpass.com
0
You May Also Be Interested In...
Renault to pay Lotus debts by end of year
French carmaker Renault aims to complete its takeover of the Lotus...
9y ago from GrandPrix247.com
Renault to pay Lotus debts by end of year
French carmaker Renault aims to complete its takeover of the Lotus...
9y ago from SuperSport.com
Lotus court case postponed pending Renault purchase
The Lotus Formula 1 team's court case has been subject to a further...
9y ago from Motorsport.com
Lotus/HMRC court case adjourned again
– Lotus' legal battle with HM Revenue and Customs (HMRC) over...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez tops the timesheets in second Silverstone...
Alex Marquez produced a record-breaking lap in the closing seconds to top...
2h ago from MotorsportWeek.c...
Francesco Bagnaia: Jorge Martin ‘must respect'...
Two-time premier class champion Francesco Bagnaia has said that Jorge...
3h ago from MotorsportWeek.c...
Marc Marquez dominates opening Silverstone MotoGP...
Factory Ducati rider Marc Marquez dominated proceedings to top the...
6h ago from MotorsportWeek.c...
Honda confirms it would like to snatch Jorge Martin...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Costly Carb Day practice as Josef Newgarden fastest
Friday was Carb Day at the Indianapolis Motor Speedway, with drivers...
1h ago from MotorsportWeek.c...
Josef Newgarden leads Indy 500 final practice, RHR's...
No description available...
1h ago from Motorsport.com
‘A shock and a pity:’ Penske drivers respond to...
The past five days have been adventurous for all the wrong reasons for...
23h ago from MotorsportWeek.c...
Kyle Larson challenges IndyCar drivers to try “the...
No description available...
18h ago from Motorsport.com
Popular On TotalWRC.com
WRC signs new deal to race in Portugal until at least...
No description available...
1d ago from Motorsport.com
Rally Portugal criticism causes WRC, FIA to address...
No description available...
4d ago from Motorsport.com
WRC Portugal: Sebastien Ogier claims record-extending...
No description available...
5d ago from Motorsport.com
Sebastien Ogier laments “most demanding” rally...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal transfer news: Gunners deciding between...
Arsenal are reportedly contemplating whether to move for Sporting Lisbon's...
1h ago from SportsMole.co.uk
Chelsea transfer news: Blues 'speed up negotiations'...
Chelsea are reportedly looking to secure a 60m (£50.34m) deal for an...
4h ago from SportsMole.co.uk
'Excuses for teams that don't win the league' -...
Liverpool manager Arne Slot has appeared to fire a massive dig at Arsenal...
2h ago from SportsKeeda.com
Arsenal lineup vs. Southampton: Predicted XI for...
Sports Mole takes an in-depth look at how Arsenal could line up for...
4h ago from SportsMole.co.uk
Comments
Hottest News
F1 2025 Monaco Grand Prix – FP2 Results
Charles Leclerc topped the timesheets in the... Read More »
2h ago from MotorsportWeek.com
F1 2025 Monaco Grand Prix – FP1 Results
Ferrari’s Charles Leclerc tops the timing... Read More »
5h ago from MotorsportWeek.com
George Russell handed clear Mercedes message in face of Max...
George Russell is still waiting to sign a new... Read More »
1h ago from RacingNews365.com