News Details
Renault answers Lotus' call with buyout
The will they or won't they buy Lotus saga is coming to an end with Renault confirming they signed a Letter of Intent to take a controlling stake in the squad. Renault confirmed before the start of the 2015 Formula 1 season that they were considering their future with their options being to either pull out of the sport entirely or buy one of the current teams on the grid and run it as a works outfit. They opted for the latter, but it has taken them months to finally confirm the deal. Lotus, meanwhile, have faced financial problems for several seasons and the buyout will come as a big relief for everyone involved as they are due to appear in the London High Court on Monday over unpaid taxes...
Full Story »
Full Story »
9y ago from PlanetF1.com
0
You May Also Be Interested In...
Renault signs letter of intent with Lotus
– Renault has confirmed that it has signed a letter of intent with...
9y ago from GPUpdate.net
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
Carter: Lotus & Renault talks ‘positive'
Lotus' chief executive officer Matthew Carter has confirmed that a...
9y ago from FormulaSpy.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...
2d 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...
13h ago from MotorsportWeek.c...
Alex Palou adds a Mid Ohio pole position to his...
No description available...
13h ago from Motorsport.com
IndyCar Mid-Ohio – Qualifying Results
The NTT IndyCar Series completed a knockout qualifying session at...
13h 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...
17h 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...
2d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
3d ago from Motorsport.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'Arteta is the antichrist!' – Arsenal fans...
Many Arsenal fans are absolutely fuming on social media right now amid...
39m ago from CaughtOffside.com
'Set to send opening bid' – Fabrizio Romano...
Arsenal are reportedly set to send an opening bid to Chelsea for England...
1h ago from CaughtOffside.com
Report: Arsenal star changes agents in order to push...
Arsenal's versatile attacker Leandro Trossard has reportedly changed his...
19m ago from CaughtOffside.com
Arsenal latest: Emirates Cup opponents revealed
No description available...
1h ago from SkySports.com
Comments
Hottest News
F1 News Today: FIA announce HUGE Silverstone penalty as...
The FIA have announced a huge penalty for one F1... Read More »
4h ago from GPFans.com
McLaren reveals damage scuppered Oscar Piastri's pole bid...
McLaren boss Andrea Stella has revealed that... Read More »
49m ago from MotorsportWeek.com
Why McLaren denies Max Verstappen's rear wing choice will...
McLaren boss Andrea Stella thinks that Max... Read More »
3h ago from MotorsportWeek.com
