News Details
Renault takeover of Lotus finally completed
Renault's return to Formula 1 with its own team has been formally confirmed, following the official takeover of the Lotus squad. Following months of discussions between the French car manufacturer and the Enstone-based outfit, an announcement was made earlier this month stating that Renault was preparing for its comeback. However, the last bits of paperwork, payment of debts and transfer of shares still needed to be finalised before the project could move forward. That has now been done, with Renault's lawyers telling a British high court judge at a hearing on Monday that its takeover was done. "We have a completion of the share purchase," a lawyer was quoted as saying by Reuters....
Full Story »
Full Story »
8y ago from Motorsport.com
0
You May Also Be Interested In...
Horner: F1's 'sleeping dogs' woken up to sport's...
Red Bull boss Christian Horner has faith that his team will not face a...
8y ago from Motorsport.com
Ferrari move revitalised Vettel – Ricciardo
XPB Images
Daniel Ricciardo says former Red Bull team-mate...
8y ago from F1i.com
Renault was 'very close' to F1 pull-out - Prost
Alain Prost has revealed that Renault was 'very, very close' to a Formula...
8y 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...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu's manager: ‘2026 MotoGP is...
Toprak Razgatlioglu's manager Kenan Sofuoglu has revealed the Turkish...
13h ago from MotorsportWeek.c...
Bagnaia favours Bulega over Iannone for MotoGP debut...
No description available...
14h ago from Motorsport.com
2024 MotoGP Thailand Grand Prix – How to watch,...
No description available...
14h ago from Motorsport.com
Honda set to announce Castrol MotoGP partnership from...
The Honda MotoGP factory works team has reportedly agreed on a new...
15h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Pushing for innovation: IndyCar's need for an...
No description available...
8h ago from Motorsport.com
Graham Rahal hoping better luck helps him rebound in...
Graham Rahal believes a continued streak of bad luck has played a major...
2d ago from MotorsportWeek.c...
Malukas reflects on turbulent 2024 IndyCar season that...
No description available...
2d ago from Motorsport.com
Former Red Bull Junior Hauger joins Andretti’s Indy...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Solberg sheds light on 2025 WRC Rally1/Rally2 conundrum
No description available...
14h ago from Motorsport.com
Kuldar Sikk recovering from broken spine at Central...
Kuldar Sikk broke his spine and underwent emergency surgery after an...
2d ago from TheCheckeredFlag...
Hyundai yet to make 2025 WRC third driver call as...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'Above Robben, Duff, Cristiano Ronaldo, above...
No description available...
4h ago from SportsKeeda.com
'Going to try to win the PL again? Forget about it' -...
No description available...
8h ago from SportsKeeda.com
Liverpool 'receive injury update' on Diogo Jota ahead...
Liverpool attacker Diogo Jota is reportedly expected to be unavailable for...
4h ago from SportsMole.co.uk
Arsenal transfer news: Gunners add Premier League...
Arsenal are reportedly considering a move to sign Aston Villa striker Jhon...
3h ago from SportsMole.co.uk
Comments
Hottest News
Verstappen's defending tactics need addressing - Hamilton
Lewis Hamilton believes Max Verstappen's approach... Read More »
2h ago from Racer.com
F1: McLaren seeks right of view of Norris COTA penalty
McLaren has instigated a right of review of the... Read More »
1h ago from Pitpass.com
F1: Mexico City Grand Prix: FIA Drivers Press Conference
Today's press conference with Sergio Perez, Nico... Read More »
1h ago from Pitpass.com
