News Details

Toyota, Bell Helmets among Lotus creditors

Toyota, Bell Helmets among Lotus creditors Posted On 28 Aug 2015 By : thisisf1 Comment: 0 Facebook0 Twitter0 Google+0 Pinterest0 Toyota, Bell Helmets among Lotus creditors Charles Pic is not the only creditor at embattled Lotus, it has emerged. Prior to the black and gold cars being impounded by court bailiffs at Spa-Francorchamps, the Enstone team was already running into financial trouble. Xtrac, a transmission specialist, had filed a ‘winding up' petition in the British high court, while Pirelli had threatened not to release tyres due to an unpaid bill. The problems then came to a head in Belgium, when disgruntled former reserve driver Charles Pic pressed his claim for $800,000...
Full Story »
10y ago from ThisIsF1.com 0
Share

You May Also Be Interested In...

More Lotus creditors emerging in wake of Spa

It has emerged Charles Pic is not the only creditor of the embattled...
10y ago from GrandPrix247.com

Lotus eyes Pic solution as bailiffs arrive

Lotus is hoping that it will be able to resolve its legal dispute with...
10y ago from Motorsport.com

Lotus cars finally allowed to leave Belgium

Four days after the Belgian Grand Prix, Lotus and its black and gold cars...
10y ago from GrandPrix247.com

Pic admits Lotus ‘did not respect the contract’

Yet another cloud has formed above the troubled Lotus team's garage. The...
10y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Longtime IndyCar team owner Dennis Reinbold passes...

Dreyer and Reinbold Racing announced Sunday that the team’s owner and...

IndyCar Officiating details infraction severity levels

IndyCar Officiating has released more specific information regarding the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal handed major boost as sought-after 50m star...

Arsenal are interested in signing Manu Kone from AS Roma. The Frenchman...
8h ago from CaughtOffside.com

Arsenal interested in untouchable Real Madrid target...

Arsenal are interested in signing the Spanish defender Ivan Fresneda from...
9h ago from CaughtOffside.com

Journo confirms Man United and Arsenal midfield target...

Tottenham have reportedly entered the race for Newcastle United midfielder...
17h ago from CaughtOffside.com

Insider confirms £280k per week Arsenal star is being...

Kai Havertz has reportedly emerged as a name on Bayer Leverkusen’s...
19h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.