News Details
Renault signs letter of intent with Lotus
– Renault has confirmed that it has signed a letter of intent with the current owners of the Lotus Formula 1 team, regarding the "potential acquisition" of a majority stake in the Enstone-based outfit.Renault has been edging closer to a return as a full works team in the sport and the manufacturer says that signing the letter is its first step in the project of a Renault Formula 1 team from 2016.The letter is likely to help Lotus in its High Court case on Monday, as it returns to face HMRC over an alleged unpaid tax bill."Renault Group and Gravity Motorsports S.a.r.l., an affiliate of Genii Capital SA, are pleased to announce the signature of a Letter of Intent...
Full Story »
Full Story »
9y ago from GPUpdate.net
0
You May Also Be Interested In...
Lotus: Renault signs Letter of Intent
As Lotus heads to the High Court in London, Renault issued a Letter of...
9y ago from Pitpass.com
Renault signs letter of intent for Lotus buyout
Renault has moved a step closer its takeover of Lotus and the return of a...
9y ago from Motorsport.com
Renault one step closer to factory team return
A return to Formula 1 for a factory Renault F1 Team is closer to being...
9y ago from TheCheckeredFlag....
Renault switch was a 'serious option' - Perez
Sergio Perez has admitted he held serious talks with Renault about...
9y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
1d ago from MotorsportWeek.c...
Liberty Media completes 4.3 billion takeover of...
Two weeks on from receiving unanimous EU approval, Liberty Media...
1d ago from MotorsportWeek.c...
Liberty Media completes its purchase of MotoGP
No description available...
1d ago from Motorsport.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
6d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Alex Palou smokes the field to secure IndyCar pole at...
IndyCar is visiting another of its iconic natural terrain road courses...
28m ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Qualifying Results
The NTT IndyCar Series completed a knockout qualifying session at...
28m ago from MotorsportWeek.c...
Alex Palou flies to the front in second IndyCar...
On Saturday morning, IndyCar headed back out on track to complete their...
4h ago from MotorsportWeek.c...
Upcoming IndyCar races at Iowa predicted to be...
After IndyCar completes the event at Mid-Ohio this weekend, the paddock...
7h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
1d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
2d ago from Motorsport.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal reach agreement on personal terms with 15 G/A...
Arsenal are looking to sign at least two attacking players this summer,...
1h ago from CaughtOffside.com
Reliable source: 90m forwards ‘absolute...
The rumour mill is in full swing today, despite it being a Saturday...
4h ago from FreshArsenal.com
Chelsea expecting Arsenal bid for Madueke
Chelsea are expecting an offer from Arsenal for Noni Madueke.
2h ago from SkySports.com
After Arsenal agree personal terms for Noni Madueke,...
Chelsea have indicated their interest in Arsenal sensation Ethan Nwaneri...
4h ago from SportsKeeda.com
Comments
Hottest News
Button names ‘worst teammate to have’ in F1 – and...
F1 world champion Jenson Button has nominated the... Read More »
6h ago from F1i.com
F1 2025 British Grand Prix – Qualifying Results
Max Verstappen secures pole position for the... Read More »
5h ago from MotorsportWeek.com
Lewis Hamilton RUNS OUT OF FUEL in embarrassing Ferrari...
F1 champion Lewis Hamilton nearly made a shock Q1... Read More »
38m ago from GPFans.com
