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
Jorge Martin: Austria sprint pass on Marc Marquez not...
No description available...
6h ago from Motorsport.com
Marc Marquez blames Austrian GP sprint deficit on...
No description available...
5h ago from Motorsport.com
Francesco Bagnaia: 'Use sprint fastest laps to set...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Abbi Pulling headlines 11-driver Indy NXT test at...
No description available...
2d ago from Motorsport.com
Foyt signs Dennis Hauger for 2027 IndyCar season
AJ Foyt Racing has announced that it is brining on Dennis Hauger for the...
3d ago from MotorsportWeek.c...
AJ Foyt Racing signs reigning IndyCar Rookie of the...
No description available...
3d ago from Motorsport.com
From Värnamo to victory lane: Hometown hero Felix...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC News – World Rally BlogPET videos from...
No description available...
1d ago from WorldRallyBlog.c...
“Nothing is guaranteed” for Elfyn Evans as WRC...
No description available...
1d ago from Motorsport.com
Project Rally One unveils 2027 WRC challenger, targets...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“I don’t care how good you are” - Paul Merson...
Arsenal legend Paul Merson has blasted Bruno Guimaraes after the latter...
1h ago from SportsKeeda.com
Should Rice have seen red after this blatant kick out...
Declan Rice received a yellow card for kicking out at Malick Yalcouye, but...
1h ago from SkySports.com
Mikel Arteta says Arsenal players did not...
Mikel Arteta has slammed his Arsenal players following their 3-0 loss to...
2h ago from SportsKeeda.com
Arteta explains why Arsenal were so easily beaten by...
Mikel Arteta was not happy with his team after they were well beaten by...
3h ago from CaughtOffside.com
Comments
Hottest News
Ferrari make big decision on exciting F1 prospect
Long-time Ferrari Driver Academy prospect Dino... Read More »
53m ago from GPFans.com
Christian Horner's blocked Alpine takeover allows...
Renault could be left with a headache following... Read More »
2h ago from GPFans.com
Ferrari to mitigate 2026 F1 'emergency' with brand-new...
Ferrari started the season with championship... Read More »
4h ago from MotorsportWeek.com
