News Details
Renault finalises takeover of Lotus
Lotus F1 Team Renault has finalised its purchase of the Lotus Formula 1 team ahead of its full-scale return as a works outfit next season. Renault signed a letter of intent to buy the squad in September and formally confirmed its intentions at the start of December, though still had to complete the final stages. A lawyer for Renault confirmed to the High Court on Monday that all debts owed to the British tax authorities were completed and that the team has now been handed over. "We have a completion of the share purchase," Renault's lawyer is quoted by Reuters. "We have the keys, so to speak." Renault will reveal further plans regarding its full-scale Formula 1 comeback...
Full Story »
Full Story »
9y ago from F1Zone.net
0
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
Renault complete Lotus deal
Renault have formally completed their takeover of Lotus, signalling the...
9y ago from SkySports.com
Renault completes purchase of Lotus
– Renault has formally completed its takeover of Lotus, after...
9y ago from GPUpdate.net
Renault takeover of Lotus finally completed
Renault's return to Formula 1 with its own team has been formally...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
How Alex Marquez won the MotoGP Spanish GP the Marc...
No description available...
16h ago from Motorsport.com
Yamaha set to confirm new inline-four MotoGP engine at...
Yamaha admits it is likely to use its updated inline-four MotoGP engine...
1d ago from MotorsportWeek.c...
Joan Mir confirms new Honda engine sees improvement in...
Joan Mir confirmed that Honda's new engine has shown improvements in 'all...
1d ago from MotorsportWeek.c...
Pedro Acosta did have surgery for arm-pump syndrome...
No description available...
1d ago from Motorsport.com
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...
10h ago from MotorsportWeek.c...
Helio Castroneves joins Barrichello, Massa in the 2025...
No description available...
2d ago from Motorsport.com
2025 Indianapolis 500 Chevrolet ZR1 pace car unveiled
No description available...
2d ago from Motorsport.com
Corvette ZR1 pace car revealed for 109th Indy 500
Indianapolis Motor Speedway has revealed the pace car that will head the...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Portugal set to feature record-equaling WRC...
No description available...
21h ago from Motorsport.com
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
1d ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Liverpool and Arsenal on alert as Newcastle owner...
One of the big stories in regards to Newcastle this summer will revolve...
37m ago from CaughtOffside.com
Friday thoughts – observing the universe
Morning. This might surprise you, but I woke up thinking about...
1h ago from Arseblog.com
What's going on with Odegaard?
It is often claimed the captain is the beating heart that fully embodies a...
1h ago from SkySports.com
Revealed: Man Utd close to agreement after offering...
Manchester United are closer to a verbal agreement with Wolves forward...
2h ago from CaughtOffside.com
Comments
Hottest News
F1 Practice Today: Miami Grand Prix 2025 start times,...
Formula 1 heads across the pond for the sixth... Read More »
56m ago from GPFans.com
Max Verstappen opens up on relationship with Penelope Kvyat
Max Verstappen has been officially dating model... Read More »
3h ago from Formula1News.co.uk
Jenson Button and wife were victims of high-value robbery...
Jenson Button and his wife, Brittny, suffered an... Read More »
1h ago from RacingNews365.com