News Details
Renault completes purchase of Lotus
– Renault has formally completed its takeover of Lotus, after finalising a share purchase agreement (SPA) and paying off debts to creditors, including the British tax authorities.Renault, which initially signed a letter of intent with Lotus in September, finally confirmed that it would be purchasing the Enstone-based team at the beginning of the month.Final details, including the payment of debts and share transfers, still needed to be settled, but a lawyer for Renault told the High Court on Monday that the process is now complete."We have a completion of the share purchase. We have the keys, so to speak," a lawyer for Renault was quoted as saying by Reuters during a...
Full Story »
Full Story »
8y ago from GPUpdate.net
0
You May Also Be Interested In...
Renault formally completes Lotus takeover
XPB Images
Renault has formally completed its takeover of the...
8y ago from F1i.com
Renault complete purchase of Lotus
Renault have completed their takeover of the Lotus Formula One team and...
8y ago from SuperSport.com
Renault takeover of Lotus finally completed
Renault's return to Formula 1 with its own team has been formally...
8y ago from Motorsport.com
Verstappen completes ‘most overtaking moves' in...
Toro Rosso driver, Max Verstappen has completed the most amount of...
8y ago from F1Hub.net
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...
12h ago from MotorsportWeek.c...
Bagnaia favours Bulega over Iannone for MotoGP debut...
No description available...
13h 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...
3h 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
FIA issue official statement as TWO teams guilty of cost...
The FIA have confirmed that two teams have been... Read More »
20h ago from GPFans.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
