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...
11y ago from Crash.net
Small updates as Lotus looks for home comforts
Lotus technical director Nick Chester is in optimistic mood as the team...
11y 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...
11y 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...
11y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
The advice MotoGP champion Marc Marquez gave Isack...
No description available...
2d ago from Motorsport.com
The one area Ai Ogura must improve upon in 2026 MotoGP...
No description available...
2d ago from Motorsport.com
Johann Zarco set for early injury return at Aragon...
Johann Zarco is set for an earlier MotoGP return than anticipated after...
3d ago from MotorsportWeek.c...
Fabio Quartararo explains rationale behind Honda 2027...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
David Malukas, Sting Ray Robb out of Freedom 250 after...
No description available...
1h ago from Motorsport.com
Christian Rasmussen storms to career-best fourth in...
No description available...
19h ago from Motorsport.com
IndyCar Freedom 250 starting lineup: Alex Palou claims...
No description available...
21h ago from Motorsport.com
Alex Palou dances through the streets to take...
The NTT IndyCar Series held a thrilling knockout qualifying session on...
21h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ott Tanak to make ARA debut on WRC fact finding mission
No description available...
2d ago from Motorsport.com
Champion rally driver Alex Fiorio dies aged 61
No description available...
6d ago from Motorsport.com
Sebastien Ogier ready for WRC return after Finland...
No description available...
2d ago from Motorsport.com
Esapekka Lappi to rejoin Hyundai for WRC Rally Chile
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsecast Extra Episode 709 – 23.08.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
7h ago from Arseblog.com
Arsenal set asking fee for Gabriel Martinelli as Saudi...
Arsenal have informed Saudi Pro League outfit Al-Hilal of their asking fee...
5h ago from SportsKeeda.com
Talks ongoing: Arsenal discussing selling star for...
Al Hilal are reportedly in talks over signing Arsenal forward Gabriel...
7h ago from CaughtOffside.com
Fabrizio Romano reveals Arsenal can afford ambitious...
Transfer news expert Fabrizio Romano claims Arsenal have indicated they...
10h ago from CaughtOffside.com
Comments
Hottest News
Fernando Alonso issues ‘more to come’ prediction for...
Fernando Alonso finished ninth in Zandvoort,... Read More »
2h ago from MotorsportWeek.com
FIA announce three post-race penalties at Dutch Grand Prix
The FIA confirmed post-race penalties for three... Read More »
1h ago from GPFans.com
Hamilton explains Dutch GP team order radio rant
Lewis Hamilton left Zandvoort with a fourth-place... Read More »
2h ago from F1i.com
