Renault's ‘letter of intent' has given Lotus ten more weeks to finalise the sale of the embattled Enstone team to the French car manufacturing giant. Mere hours before Lotus faced London's high court on Monday, Renault announced that it is now committed to completing the deal 'in the coming weeks'. Also promised to the court was that a loan agreement had been made so that British authorities would receive its $4 million in unpaid taxes and insurance, resulting in the case being adjourned for ten more weeks. So if the buyout is complete by December, there is the strong possibility that Renault will be back in 2016 with a full works team. It is expected that Romain Grosjean, currently...
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