News Details
Lotus 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...
Full Story »
Full Story »
8y ago from GrandPrix.com
0
You May Also Be Interested In...
Lotus F1 dodges ‘winding up petition’ in court
Reports of financial strife at Lotus have resurfaced this week. Amid...
8y ago from ThisIsF1.com
Lotus F1 team have winding-up petition adjourned
A winding-up petition brought by creditors against the Lotus Formula...
8y ago from GrandPrix247.com
Lotus play down winding-up order
Lotus remain confident about its Formula 1 future despite facing a...
8y ago from PlanetF1.com
Lotus winding-up hearing postponed by High Court
Lotus has been able to postpone a winding-up hearing for two weeks after...
8y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Vinales: Aprilia COTA MotoGP win has ‘different...
Maverick Vinales believes that his maiden win with Aprilia in MotoGP at...
24m ago from MotorsportWeek.c...
Oliveira reckons MotoGP “looks too easy” on TV now
No description available...
3h ago from Motorsport.com
Ducati: Bastianini's COTA MotoGP podium an...
Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kirkwood: “More durable” tires hindering passing...
No description available...
34m ago from Motorsport.com
IndyCar Long Beach: Start times, how to watch on TV,...
No description available...
1h ago from Motorsport.com
Pourchaire to make IndyCar debut in Long Beach with...
Arrow McLaren has announced that the reigning Formula 2 champion Theo...
1d ago from MotorsportWeek.c...
Pourchaire to make IndyCar debut for Arrow McLaren
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC Croatia: Neuville, Evans tied for the lead after...
No description available...
1h ago from Motorsport.com
WRC Croatia: Neuville sets the pace to lead title...
No description available...
7h ago from Motorsport.com
Hyundai enacts contingency plan after WRC Kenya fuel...
No description available...
1d ago from Motorsport.com
WRC 2025 rules limbo creating “critical” situation...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Troy Deeney names strikers who Arsenal should look to...
No description available...
54m ago from SportsKeeda.com
Premier League gameweek 34: Confirmed team news and...
Sports Mole rounds up every Premier League club's confirmed team news...
3h ago from SportsMole.co.uk
'This behavior has become his stock in trade' -...
No description available...
2h ago from SportsKeeda.com
'There is a good chance' - Jurgen Klopp explains how...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
FIA announce crucial top three UPDATE in China after...
The top three drivers for Saturday's sprint race... Read More »
1h ago from GPFans.com
F1 Sprint Qualifying Results: Chinese Grand Prix 2024 times...
George Russell saved himself from an ignominious... Read More »
10h ago from GPFans.com
FIA CANCEL important drivers' meeting after huge drama in...
An important meeting set to be held with all of... Read More »
7h ago from GPFans.com