News Details

Renault complete Lotus deal

Renault have formally completed their takeover of Lotus, signalling the end of the team's long-running High Court case over unpaid taxes. The French carmarker confirmed earlier this month that, after months of deliberating, they had decided to buy back the Enstone team they sold in 2009 and re-establish its own 'works' F1 operation for next season. Amid mounting debts, Lotus had been in London's High Court in recent months after HMRC had applied to put the team into administration over unpaid bills. After several adjournments to the case, Lotus and Renault were given until December 21 to complete the takeover deal. It was confirmed on Monday that Renault had completed the share...
Full Story »
9y ago from SkySports.com 0
Share

You May Also Be Interested In...

Renault complete purchase of Lotus

Renault have completed their takeover of the Lotus Formula One team and...
9y ago from SuperSport.com

Palmer aims for 'long-term' Renault future

Lotus F1 Team Jolyon Palmer says that he wants to remain with Renault...
9y ago from F1Zone.net

Palmer wants long term F1 future with Renault

Formula 1 2016 rookie Jolyon Palmer is hoping for a long term future with...
9y ago from GrandPrix247.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

Elsewhere On The Network

Popular On MGPToday.com

Yamaha set to confirm new inline-four MotoGP engine at...

Yamaha admits it is likely to use its updated inline-four MotoGP engine...

Joan Mir confirms new Honda engine sees improvement in...

Joan Mir confirmed that Honda's new engine has shown improvements in 'all...

Popular On IndyCarToday.com

AJ Foyt Racing continues partnership with Homes For...

AJ Foyt Racing has announced that it will once again partner with Homes...
48m ago from MotorsportWeek.c...

Corvette ZR1 pace car revealed for 109th Indy 500

Indianapolis Motor Speedway has revealed the pace car that will head the...

Popular On TotalWRC.com

Toyota Gazoo Racing's silver lining

Toyota Gazoo Racing has a silver lining, literally. Not content with a...

Popular On GunnersToday.com

Asking price set: Arsenal very interested in...

Arsenal are very interested in signing the Roma defender Evan Ndicka at...
2h ago from CaughtOffside.com

Arsenal vs Bournemouth Prediction and Betting Tips |...

Arsenal and Bournemouth will square off in a Premier League matchday 33...
2h ago from SportsKeeda.com

Arsenal and Liverpool want 33-goal 'physical beast'...

Arsenal and Liverpool are among clubs keen on signing the Celtic attacker...
3h ago from CaughtOffside.com

Arsenal or PSG? Rio Ferdinand names his favorites to...

Rio Ferdinand has weighed in on the upcoming UEFA Champions League...
4h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.