News Details
Lotus winding-up hearing postponed by High Court
Lotus has been able to postpone a winding-up hearing for two weeks after being summoned to the High Court in a legal battle with a number of creditors. The Lotus Formula 1 Ltd company is facing a financial settlement with creditors after being handed a winding-up petition at the Companies Court this Monday (6th July) with judge Mr Registrar Briggs present, but the hearing has been delayed by 14 days to allow the parties to find an out-of-court settlement. It is believed the Enstone-based team is waiting for funds to come in to pay its creditors, however, if they are unable to find a resolution over the next two weeks Lotus could be threatened with administration which could put its F1...
Full Story »
Full Story »
You May Also Be Interested In...
Button not looking for points after tough Friday
Jenson Button has admitted that McLaren is unlikely to record a top ten...
10y ago from Crash.net
Small updates as Lotus looks for home comforts
Lotus technical director Nick Chester is in optimistic mood as the team...
10y ago from Crash.net
Verstappen knocked sideways by wild Silverstone exit
Max Verstappen says he is uncertain as to why he suffered a high-speed...
10y ago from Crash.net
Massa aims to capitalise on Williams high spirits
Felipe Massa says Williams is riding on a crest of a wave which he hopes...
10y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Is Alex Marquez’s Jerez MotoGP breakthrough real or...
No description available...
1d ago from Motorsport.com
Should there be a tear-off rule following Marco...
No description available...
3d ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
2d ago from MotorsportWeek.c...
Mick Schumacher shares injury update after breaking...
No description available...
4d ago from Motorsport.com
Zanardi: The man whose name is a synonym for “hero”
No description available...
1d ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Hyundai’s WRC season “really starts” at...
No description available...
5h ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
5d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
5d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Have Arsenal found the keys to unleash Gyokeres at the...
Viktor Gyökeres has divided opinion since arriving, but one thing is...
1h ago from FreshArsenal.com
“It’s a horrible one” - Gary Neville names...
Manchester United legend Gary Neville has named the one fixture in which...
4h ago from SportsKeeda.com
Viktor Gyökeres has scored 21 goals this season. He...
y Alexis Sánchez and Thierry Henry have had more prolific first seasons...
4h ago from TheGuardian.com
Premier League: talking points from the weekend’s...
e Slot is fuming, Mikel Arteta’s big risk pays off and Josh Dasilva...
4h ago from TheGuardian.com
Comments
Hottest News
F1 star crashes into rival, flipping his car out the race,...
An F1 star avoided punishment at the Miami Grand... Read More »
1h ago from GPFans.com
Russell praises Antonelli but ‘momentum will swing’
George Russell isn’t blinking. Not yet. In an... Read More »
1h ago from F1i.com
F1 Miami GP top three deliver blunt rules change verdict:...
The top three finishers of the F1 Miami GP have... Read More »
5h ago from MotorsportWeek.com
