News Details
Lotus winding-up petition postponed
– A winding-up petition against Lotus has been adjourned for two weeks, in a bid to give the team enough time to reach an agreement with a number of creditors.Lotus Formula 1 Ltd was among those on a winding-up list of the Companies Court on Monday, with judge Mr Registrar Briggs delaying the hearing until July 20.Lotus has faced financial problems in recent seasons, and slumped to eighth in last year's championship standings, ahead of only Marussia, Sauber and Caterham.Lotus CEO Matthew Carter is confident, however, that the matter will be resolved in due course, and that the case will have no bearing on the team's Formula 1 future."A number of suppliers are feeling a little...
Full Story »
Full Story »
10y ago from GPUpdate.net
0
You May Also Be Interested In...
Lotus winding-up hearing postponed by High Court
Lotus has been able to postpone a winding-up hearing for two weeks after...
10y ago from Crash.net
Lotus F1 team faces winding-up petition
The Lotus Formula 1 team is facing legal trouble in the wake of a...
10y ago from Motorsport.com
Business as usual for Lotus
A number of creditors, clearly concerned by the demise of Caterham and...
10y ago from Pitpass.com
Kubica: F1 remains beyond my reach at present
Robert Kubica has admitted that racing in formula one remains 'beyond my...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati’s first run with 850cc MotoGP bike was...
No description available...
2h ago from Motorsport.com
Aprilia explains why it hasn’t tested 850cc bike...
No description available...
17h ago from Motorsport.com
The dilemma Francesco Bagnaia's MotoGP race engineer...
No description available...
18h ago from Motorsport.com
Marc Marquez admits ‘touch of madness’ is key to...
Marc Marquez has provided fascinating insight into how he balances risk...
18h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
1d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
1d ago from Motorsport.com
IndyCar names officiating director ahead of Indy 500
IndyCar Officiating has announced Scot Elkins as the new Managing...
1d ago from MotorsportWeek.c...
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Rally Islas Canarias could crown another new WRC...
No description available...
19h ago from Motorsport.com
Why Dani Sordo is excited for his WRC topflight return
No description available...
2d ago from Motorsport.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
5d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
The one simple trick Arsenal need to make their attack...
Morning all. As I am not a total masochist, I did not spend any time...
2h ago from Arseblog.com
'Even when he tries to be calm, he's faking it' -...
Former Chelsea star John Obi Mikel has claimed that Arsenal manager Mikel...
9h ago from SportsKeeda.com
'Typical bottle merchants', 'Bottling officially...
Arsenal and Mikel Arteta are being mocked on social media after Manchester...
10h ago from SportsKeeda.com
Arsenal and Man United scout 35m wide player with...
Arsenal and Manchester United are interested in signing the Club Brugge...
12h ago from CaughtOffside.com
Comments
Hottest News
Red Bull F1 exodus continues as yet another key figure...
The exodus of big names from Red Bull has been... Read More »
1h ago from GPFans.com
Stefano Domenicali says Formula 1 we cannot be in a corner...
It has become clear over the course of the past... Read More »
38m ago from GrandPrix247.com
Max Verstappen rivals send warning of F1 retirement...
Oscar Piastri and Lando Norris have warned of... Read More »
58m ago from MotorsportWeek.com
