News Details
Lotus F1 dodges ‘winding up petition’ in court
Reports of financial strife at Lotus have resurfaced this week. Amid speculation the team's absent-in-2015 owner Gerard Lopez is set to sell the Enstone squad back to Renault, reports said a matter went before a London court on Monday. Reuters said it was a 'winding-up petition', which is basically a legal request made by an unpaid and disgruntled creditor, demanding administration and ultimately liquidation of a company. A spokesperson for the Companies Court was quoted as saying the matter was adjourned for now until July 20. Sky reported that the delay is to 'allow the team time to find a resolution to the matter'. And Lotus chief executive Matthew Carter was quoted by Kleine Zeitung...
Full Story »
Full Story »
8y ago from ThisIsF1.com
0
You May Also Be Interested In...
Lotus F1 team have winding-up petition adjourned
A winding-up petition brought by creditors against the Lotus Formula...
8y ago from GrandPrix247.com
Post qualifying press conference – 2015 British GP
Transcript of the Saturday Post Qualifying Press Conference organised by...
8y ago from ThisIsF1.com
Formula E ‘too slow’ to be F1 rival
Two motor racing figures have dismissed a controversial claim that...
8y ago from ThisIsF1.com
Thursday Press Conference 2015 British GP
Transcript of the Thursday Press Conference organised by the FIA for the...
8y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
BMW 'looking closely' at a future MotoGP entry
No description available...
20h ago from Motorsport.com
Ducati announces Aldeguer signing for 2025, but not...
No description available...
14h ago from Motorsport.com
Aldeguer signs two-year MotoGP deal with Ducati for...
Fermín Aldeguer will make the step up to MotoGP in 2025, having agreed a...
14h ago from MotorsportWeek.c...
Bastianini says KTM "really close" to Ducati...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Lundqvist: CGR resources are ‘everything I could...
Linus Lundqvist is one of three rookies contesting the entirety of the...
14h ago from MotorsportWeek.c...
Why IndyCar's Nashville finale is a unique challenge...
No description available...
3d ago from Motorsport.com
Ilott keeps Arrow McLaren drive for $1m IndyCar race
No description available...
4d ago from Motorsport.com
Consistency a top priority for Ericsson at ‘up and...
As Marcus Ericsson enters his sixth year racing in the NTT IndyCar Series,...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kenjiro Shinozuka, 1948–2024
Kenjiro Shinozuka, the 1997 Paris–Dakar Rally victor and 2× World Rally...
9h ago from TheCheckeredFlag...
WRC and Dakar winner Kenjiro Shinozuka dies aged 75
No description available...
16h ago from Motorsport.com
Fourmaux: Adjusting to hybrid-less WRC cars will be a...
No description available...
1d ago from Motorsport.com
Audi could face 750,000 euro fine for exiting World...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Man United want Real Madrid striker that Prem rivals...
The biggest clubs in European football could line up markedly differently...
33m ago from CaughtOffside.com
Arsenal Transfer News Roundup: Gunners leading Viktor...
No description available...
1h ago from SportsKeeda.com
Premier League Team of the Season so far - Haaland,...
Sports Mole selects its Premier League Team of the Season so far,...
8h ago from SportsMole.co.uk
Man City to face Real in CL quarter-finals while...
Manchester City will face Real Madrid in the Champions League...
7h ago from SkySports.com
Comments
Hottest News
F1 News Today: Horner investigation TOLL on Verstappen...
Max Verstappen's father - former Formula 1 driver... Read More »
1h ago from GPFans.com
F1 fans provide SHOCK reaction to Verstappen Australian GP...
Max Verstappen's unusual response to a question... Read More »
8h ago from GPFans.com
Mercedes facing 'big worry' as it is 'running around in...
It has been an underwhelming start to the new... Read More »
1h ago from RacingNews365.com