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Lotus 'confident' ahead of hearing

The Lotus Formula One team are confident they can escape going into administration even if money owed to Britain's tax authorities remains outstanding before a London High Court hearing on Monday. "Physically, cash doesn't have to be in a bank account," Lotus chief executive Matthew Carter told Reuters at the Japanese Grand Prix on Sunday when asked about the technicalities. "There needs to be intention, a show that things are heading in the right direction. That's what everyone wants," added the Briton. "There's clearly movement. I know from our level that things have moved in the last seven days. We're confident." Lotus, one of the sport's iconic names and...
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