News Details
Renault complete purchase of Lotus
Renault have completed their takeover of the Lotus Formula One team and paid debts to creditors including the British tax authorities, the London High Court heard on Monday. "We have a completion of the share purchase," a lawyer for the French car company told the judge, Mr Justice Birss, at a hearing that formally dismissed an insolvency petition that would have put the team into administration. "We have the keys, so to speak," he added. The share purchase agreement (SPA) that made Renault the controlling shareholder had been due for completion on December 16 but the court heard that the acquisition was finalised only late last Friday. Jeremy Bamford, counsel for the...
Full Story »
Full Story »
9y ago from SuperSport.com
0
You May Also Be Interested In...
Renault was 'very close' to F1 pull-out - Prost
Alain Prost has revealed that Renault was 'very, very close' to a Formula...
9y ago from Motorsport.com
Renault was 'very close' to F1 pull out - Prost
Alain Prost has revealed that Renault was 'very, very close' to a Formula...
9y ago from Motorsport.com
Palmer keen to impress Renault in 2016
XPB Images
Jolyon Palmer says 2016 will be crucial for him to...
9y ago from F1i.com
Jorda excited about future with Renault
Carmen Jorda sounds confident she will remain with Enstone as the current...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha toughens its stance on Fabio Quartararo
No description available...
12h ago from Motorsport.com
The key figure in Aprilia’s breakout season in MotoGP
No description available...
17h ago from Motorsport.com
Joan Mir admits Honda not ready to win in MotoGP:...
No description available...
1d ago from Motorsport.com
Trackhouse working to build American identity and...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood signs multi-year IndyCar extension with...
Andretti Global has announced that Kyle Kirkwood has signed an extension...
12h ago from MotorsportWeek.c...
Kyle Kirkwood signs multi-year extension with Andretti...
No description available...
12h ago from Motorsport.com
Colton Herta ‘would love to be back’ for another...
Colton Herta still has a desire to compete in next year’s Indianapolis...
3d ago from MotorsportWeek.c...
Marco Andretti announces retirement from racing, won't...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera completes maiden F2 test ahead of...
No description available...
6d ago from Motorsport.com
Elfyn Evans: WRC points lead “guarantees absolutely...
No description available...
1w ago from Motorsport.com
M-Sport favours new WRC car build over upgraded Rally2...
No description available...
1w ago from Motorsport.com
Lancia confirms 2026 WRC2 entry with the new Ypsilon...
Lancia will return to the World Rally Championship next year with the new...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Slavia Prague vs Arsenal Prediction and Betting Tips |...
Slavia Prague will trade tackles with Arsenal in a UEFA Champions League...
9h ago from SportsKeeda.com
Arteta 'concerned' about Gyokeres injury
Arsenal manager Mikel Arteta admits he is "concerned"...
8h ago from SkySports.com
Arsenal and Crystal Palace’s Carabao Cup tie moved...
t;li>Palace successful in getting quarter-final moved back EFL blame...
10h ago from TheGuardian.com
“It’s going to be a bit crazy” - Gary Neville...
Manchester United legend Gary Neville believes Chelsea will secure a...
11h ago from SportsKeeda.com
Comments
Hottest News
'The current engines gave us great racing,' claims Mekies...
"The current engines gave us great... Read More »
34m ago from F1Technical.net
Breaking: Williams announce change to F1 team name
Williams, one of F1's oldest and most successful... Read More »
13h ago from RacingNews365.com
Lewis Hamilton jilted, Leclerc engaged and Verstappen claps...
Lewis Hamilton has been jilted for a 20-year-old... Read More »
5h ago from GPFans.com
