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 »
9y 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...
9y ago from F1i.com
Renault complete purchase of Lotus
Renault have completed their takeover of the Lotus Formula One team and...
9y ago from SuperSport.com
Renault takeover of Lotus finally completed
Renault's return to Formula 1 with its own team has been formally...
9y ago from Motorsport.com
Verstappen completes ‘most overtaking moves' in...
Toro Rosso driver, Max Verstappen has completed the most amount of...
9y ago from F1Hub.net
Elsewhere On The Network
Popular On MGPToday.com
Jerez provides new MotoGP update amid postponements...
The organisers of the Spanish Grand Prix are confident the MotoGP race at...
2h ago from MotorsportWeek.c...
MotoGP confirms date of Balaton Park homologation...
MotoGP has confirmed that the homologation approval for the Balaton Park...
1d ago from MotorsportWeek.c...
What Trackhouse saw in Ogura that made him a surprise...
No description available...
3d ago from Motorsport.com
KTM compares Pedro Acosta's MotoGP approach to...
KTM Motorsport Director Pit Beirer compared Pedro Acosta's approach to...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Bumping confirmed for Indy 500 as Takuma Sato becomes...
No description available...
1d ago from Motorsport.com
How VeeKay went from an unexpected ECR exit to...
No description available...
1d ago from Motorsport.com
Takuma Sato to contest 16th Indy 500 with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will...
1d ago from MotorsportWeek.c...
FOX working to bring Kentucky Derby-style betting to...
This past weekend FOX produced its first IndyCar broadcast of a new...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA steps in after WRC fuel supplier goes into...
No description available...
3d ago from Motorsport.com
Meet Claire Schonborn, the engineer turned WRC...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Episode 821 – And now it's Real …
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
23m ago from Arseblog.com
“This club can beat anybody over two legs” - Joe...
No description available...
1h ago from SportsKeeda.com
Arsenal star sends message to teammates about what...
Arsenal left-back Oleksandr Zinchenko has responded to the club drawing...
1h ago from CaughtOffside.com
'Big announcement' today on Arsenal transfer target's...
There will reportedly be a big announcement later today on Joshua Kimmich...
1h ago from CaughtOffside.com
Comments
Hottest News
FIA summon Lewis Hamilton’s Ferrari at Australian Grand...
Formula 1 legend Lewis Hamilton has had his... Read More »
2h ago from GPFans.com
Red Bull drop massive Verstappen bombshell on eve of new F1...
Red Bull advisor Helmut Marko dropped a huge... Read More »
2h ago from RacingNews365.com
Hamilton reveals Leclerc’s 'most surprising' key trait
Lewis Hamilton has revealed what has surprised... Read More »
3h ago from F1i.com
