News Details

Renault issues a statement on Lotus

Renault has officially confirmed its 'controlling shareholding of Lotus F1 Team Limited'. A statement issued on Monday, several hours after an insolvency petition that would have put the Enstone team into administration was formally dismissed, reads as follows: On Friday 18 December 2015, Groupe Renault and Gravity Motorsport S.a.rl, an affiliate of Genii Capital SA, formally and successfully completed the acquisition by Groupe Renault of a controlling shareholding of Lotus F1 Team Limited. The new team name, full management structure, team partners and other details will be announced during an event to be held in Paris in February. In the interim, a new board of directors has been...
Full Story »
10y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Renault officially completes Lotus buyout for 2016 F1

The French car giant Renault has officially completed its takeover of the...
10y ago from ThisIsF1.com

It's official, Renault have the ‘keys' to Lotus...

F1 News It's official, Renault have the ‘keys' to Lotus of Enstone...
10y ago from Formula1Blog.com

Renault officially completes Lotus F1 takeover

Renault has formally completed its takeover of the Lotus F1 team, paving...
10y ago from Crash.net

Renault completes takeover of Lotus F1 team

Renault has officially completed its takeover of the Lotus F1 team. At a...
10y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Guenther Steiner: MotoGP riders ‘need to be of a...

Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
18h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Andretti confirmed to field just three cars for Indy...

Andretti Global has confirmed that the team will only run three cars in...

Toby Sowery joins AJ Foyt Racing in IndyCar reserve...

AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...

Feature: RLL’s split fortunes in Barber highlight...

At the most recent IndyCar race from Barber Motorsports Park, Graham...

Popular On TotalWRC.com

Oliver Solberg out of Croatia Rally (for now)

Friday: Oliver Solberg crashed out of Rally Croatia about four km into...
21h ago from MotorsportWeek.c...

Elfyn Evans out of Croatia – SS3

Croatia’s Friday stages were all new. With a 16 second lead going into...
20h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Sources: Premier League attacker appealed by the idea...

Newcastle United winger Anthony Gordon is emerging as one of the standout...
44m ago from CaughtOffside.com

Arsenal handed boost as Mikel Arteta confirms key...

Arsenal boss Mikel Arteta has confirmed that Eberechi Eze is fit for their...
15h ago from SportsKeeda.com

“Ronaldo should pack it now” - Ex-Arsenal star...

Former Arsenal midfielder Anders Limpar has urged Cristiano Ronaldo to...
18h 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.