News Details
Lotus F1 receives final adjournment in tax case
The Lotus Formula 1 team has been granted a final adjournment in its High Court battle over an unpaid tax bill. Insolvency proceedings were lodged against the Enstone team by HM Revenue and Customs earlier this month regarding an outstanding £900,000 (1.9 Million AUD) income tax and national insurance payment for June. The London High Court ruled on Friday that the team has another seven days to resolve the matter ahead of a final hearing on September 28. Lotus is currently in discussions with Renault over a potential take over by the French manufacturer which has further complicated the issue. While Justice Birrs stated he would not grant another adjournment, Lotus representatives have...
Full Story »
Full Story »
10y ago from SpeedCafe.com
0
You May Also Be Interested In...
Don't believe the negative rumours you here - Lotus
Lotus deputy team princpal Federico Gastaldi has hit back at the...
10y ago from GrandPrixTimes.com
Lotus tax case adjourned again
Lotus' case against the British tax authorities is adjourned for another...
10y ago from Crash.net
Time running out for Lotus as administration looms
Embattled Lotus' recent troubles are not over yet, as they face mounting...
10y ago from GrandPrix247.com
Lotus dismisses negative speculation
Lotus F1 Team Lotus deputy team principal Federico Gastaldi has dismissed...
10y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP circuit contracts: How long will each race...
No description available...
2h ago from Motorsport.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
22h ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
1d ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
5d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
22h ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Report: Arsenal eyeing up a move for 20-year-old...
Arsenal are interested in signing Club Brugge midfielder Aleksandar...
1h ago from CaughtOffside.com
‘A quick learner’: how Declan Rice went from...
fielder will be part of the conversation for a Ballon d’Or if he...
5h ago from TheGuardian.com
Manchester United and Arsenal step up interest in...
Manchester United and Arsenal have stepped up their pursuit of Belgian...
6h ago from SportsKeeda.com
Years after snubbing transfer to Liverpool and...
German footballer Julian Draxler has opened up on his failed move to...
6h ago from SportsKeeda.com
Comments
Hottest News
F1 top 10 drivers of 2025 - Part 2
The RacingNews365 writing team concludes its look... Read More »
1h ago from RacingNews365.com
Through one lens: Twelve photographs from the 2025 F1 season
From Melbourne to Abu Dhabi, Formula 1 moved fast... Read More »
1h ago from F1i.com
The Max Verstappen Red Bull statistic that is simply...
Even by the law of averages, this is truly... Read More »
48m ago from RacingNews365.com
