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 »
10y 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...
10y ago from GPUpdate.net
Lotus: Renault signs Letter of Intent
As Lotus heads to the High Court in London, Renault issued a Letter of...
10y 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...
10y ago from Motorsport.com
Carter: Lotus & Renault talks ‘positive'
Lotus' chief executive officer Matthew Carter has confirmed that a...
10y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Should there be a tear-off rule following Marco...
No description available...
22h ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
1d ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
1d ago from Motorsport.com
How MotoGP’s energy drink landscape could shift
No description available...
2d ago from Motorsport.com
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...
1h ago from MotorsportWeek.c...
Mick Schumacher shares injury update after breaking...
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...
1d ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
M-Sport weighs up WRC new car build as all options...
No description available...
2d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
2d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
3d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Man United lead Arsenal in the race for 50m-rated...
Manchester United are looking to sign Morten Hjulmand from Sporting CP. A...
3h ago from CaughtOffside.com
“Ethan has to respond” - Arsenal boss Arteta makes...
Arsenal boss Mikel Arteta said Ethan Nwaneri must respond to criticism...
3h ago from SportsKeeda.com
Arteta: If you lose a match, they destroy you - you...
Mikel Arteta has urged his Arsenal players to "love" the noise...
3h ago from SkySports.com
Arsenal and Liverpool ready to pounce on 24-year-old...
Arsenal and Liverpool are interested in signing Daniel Svensson from...
5h ago from CaughtOffside.com
Comments
Hottest News
Former F1 driver Alex Zanardi dies aged 59
Former F1 driver and Paralympic champion Alex... Read More »
3h ago from GPFans.com
Norris reconnects with McLaren magic - car ‘felt better...
Reigning world champion Lando Norris has finally... Read More »
48m ago from F1i.com
Ferrari struggle to offer an expalation for performance...
Ferrari arrived in Miami with momentum,... Read More »
1h ago from F1Technical.net
