News Details
Lotus court case adjourned for a week
Lotus F1 Team Lotus has been given until the 25th September to come up with funding after its High Court case on Friday was adjourned. Lotus had been present at the High Court over an unpaid tax bill of £900,000 owed to HMRC [UK Revenue and Customs]. Justice Birss has given Lotus until next Friday to come up with the money, with the squad edging closer to a deal with Renault. "The parties have satisfied me that that there is genuinely a real prospect that the first stage of the deal that is being described will be signed in the next seven days, which will allow significant funding to go into the company," explained Justice Birrs. He added that the case would not be adjourned...
Full Story »
Full Story »
10y ago from F1Zone.net
0
You May Also Be Interested In...
Court gives Lotus one week to seal Renault deal
The Lotus Formula 1 team were given a week to seal a deal with Renault...
10y ago from GrandPrix247.com
Lotus F1 receives final adjournment in tax case
The Lotus Formula 1 team has been granted a final adjournment in its High...
10y ago from SpeedCafe.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
Elsewhere On The Network
Popular On MGPToday.com
Alex Rins confirms Yamaha split after 2026 MotoGP...
Yamaha rider Alex Rins has confirmed he will part ways with the team at...
41m ago from MotorsportWeek.c...
Pirelli delivers second set of 2027 prototype tyres to...
No description available...
1h ago from Motorsport.com
Fabio Di Giannantonio fastest in first Jerez MotoGP...
VR46 Ducati rider Fabio Di Giannantonio recorded the fastest time in the...
2h ago from MotorsportWeek.c...
Enea Bastianini: 'I am evaluating several future...
No description available...
6h ago from Motorsport.com
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...
2d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
2d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
2d ago from Motorsport.com
IndyCar names officiating director ahead of Indy 500
IndyCar Officiating has announced Scot Elkins as the new Managing...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Canary Islands: Sebastien Ogier leads, SS3...
No description available...
3h ago from Motorsport.com
Kalle Rovanpera offering tips as Takamoto Katsuta...
No description available...
14h ago from Motorsport.com
Everything we know about the WRC’s newest constructor
No description available...
19h ago from Motorsport.com
New constructor set to join WRC top tier in 2027
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal vs Newcastle United Prediction and Betting...
The Premier League features another set of matches this weekend as...
51m ago from SportsKeeda.com
Boost for Arsenal as injured Newcastle United duo out...
Arsenal reportedly look to have been handed a boost as Newcastle United...
2h ago from CaughtOffside.com
Talks held: Arsenal preparing to make 30m transfer bid...
Arsenal are reportedly preparing to make a 30m transfer bid for Club...
11m ago from CaughtOffside.com
Arsenal vs Newcastle preview: Gordon absent again for...
No description available...
2h ago from SkySports.com
Comments
Hottest News
Newey's Aston concept labelled ‘failed design'
Apr.24 Aston Martin's radical 2026 car concept... Read More »
2h ago from OneStopStrategy.com
Domenicali fires back at critics: ‘Formula 1 has no...
Formula 1 CEO Stefano Domenicali has a message... Read More »
51m ago from F1i.com
When 'best win so far' put Alonso on path to first title
On this day in 2005, Fernando Alonso took a... Read More »
41m ago from F1i.com
