News Details
Renault formally completes Lotus takeover
XPB Images
Renault has formally completed its takeover of the Lotus F1 Team, leading to an insolvency petition being dismissed. Lotus has been in court due to a case brought against it by HM Revenue and Customs over unpaid tax, with a hearing in early December being adjourned after Renault confirmed it would take control of the team and pay creditors by the end of the year. With the court reconvening on Monday, Renault's lawyers confirmed the takeover had been completed, telling a judge: "We have the keys, so to speak." HMRC has now withdrawn its application to put the team in to administration with Renault having completed a share purchase agreement ahead of a...
Full Story »
Full Story »
You May Also Be Interested In...
Renault complete purchase of Lotus
Renault have completed their takeover of the Lotus Formula One team and...
10y ago from SuperSport.com
Renault takeover of Lotus finally completed
Renault's return to Formula 1 with its own team has been formally...
10y ago from Motorsport.com
Renault was 'very close' to F1 pull-out - Prost
Alain Prost has revealed that Renault was 'very, very close' to a Formula...
10y ago from Motorsport.com
Renault was 'very close' to F1 pull out - Prost
Alain Prost has revealed that Renault was 'very, very close' to a Formula...
10y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Why MotoGP’s Hungarian GP sprint turned out to be a...
No description available...
45m ago from Motorsport.com
Marc Marquez “stronger than expected” as he...
No description available...
1h ago from Motorsport.com
Marc Marquez takes victory in the MotoGP Sprint race...
Ducati’s Marc Marquez secured his third Sprint victory of the 2026...
3h ago from MotorsportWeek.c...
MotoGP Hungarian GP: Marc Marquez dominates sprint to...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
Arrow McLaren appoints Ryan Hunter-Reay as new...
No description available...
1h ago from Motorsport.com
How to watch IndyCar 2026 at WWT Raceway: Weekend...
No description available...
1d ago from Motorsport.com
Romain Grosjean confirms surgery on right hand after...
No description available...
1d ago from Motorsport.com
IndyCar Officiating goes public with new post-event...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
1d ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
3d ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Days after Champions League final, Arsenal make offer...
Arsenal have made an approach for Paris Saint-Germain (PSG) youngster...
1h ago from SportsKeeda.com
From France: Arsenal ready to poach defender from PSG...
Arsenal are reportedly eyeing up a potential transfer raid on their recent...
5h ago from CaughtOffside.com
'They might…' – Arsenal tipped to make...
Arsenal are being tipped to make two signings in attack this summer by...
7h ago from CaughtOffside.com
Sources: How Man United have moved ahead of Arsenal...
Manchester United now look to be the favourites for the transfer of...
8h ago from CaughtOffside.com
Comments
Hottest News
George Russell issues damning assessment of his own driving...
George Russell issued a brutal assessment of his... Read More »
45m ago from MotorsportWeek.com
Monaco Grand Prix - Qualifying results
Full results from qualifying for the Monaco Grand... Read More »
1h ago from F1i.com
F1 2026 Monaco Grand Prix –Qualifying Results
Kimi Antonelli took a stunning last-gasp pole... Read More »
2h ago from MotorsportWeek.com
