News Details
Renault finalises takeover of Lotus
Lotus F1 Team Renault has finalised its purchase of the Lotus Formula 1 team ahead of its full-scale return as a works outfit next season. Renault signed a letter of intent to buy the squad in September and formally confirmed its intentions at the start of December, though still had to complete the final stages. A lawyer for Renault confirmed to the High Court on Monday that all debts owed to the British tax authorities were completed and that the team has now been handed over. "We have a completion of the share purchase," Renault's lawyer is quoted by Reuters. "We have the keys, so to speak." Renault will reveal further plans regarding its full-scale Formula 1 comeback...
Full Story »
Full Story »
10y ago from F1Zone.net
0
You May Also Be Interested In...
Renault complete purchase of Lotus
Renault have completed their takeover of the Lotus Formula One team and...
10y ago from SuperSport.com
Renault complete Lotus deal
Renault have formally completed their takeover of Lotus, signalling the...
10y ago from SkySports.com
Renault completes purchase of Lotus
– Renault has formally completed its takeover of Lotus, after...
10y ago from GPUpdate.net
Renault takeover of Lotus finally completed
Renault's return to Formula 1 with its own team has been formally...
10y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia “got the short straw” after...
No description available...
3h ago from Motorsport.com
Raul Fernandez signs two-year extension with...
Raul Fernandez has confirmed he will remain with the Trackhouse MotoGP...
6h ago from MotorsportWeek.c...
Trackhouse announces Raul Fernandez's contract renewal...
No description available...
9h ago from Motorsport.com
KTM replaces Maverick Vinales with Pol Espargaro for...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Exceptional build quality noted in first test runs of...
This past weekend, the first high-speed tests of IndyCar’s future IR-28...
1h ago from MotorsportWeek.c...
Freedom 250 Grand Prix extended to full 250-mile race...
No description available...
1d ago from Motorsport.com
Alexander Rossi describes ‘really rewarding’ first...
Alexander Rossi spent much of the day on Saturday shaking down the brand...
3d ago from MotorsportWeek.c...
What we learned inside a first look of IndyCar’s...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
'I saw him lie down and pass out' - Julien Ingrassia...
No description available...
1d ago from Motorsport.com
FIA sets deadline for WRC Saudi Arabia decision
No description available...
1d ago from Motorsport.com
Sebastien Ogier plans to contest all remaining WRC...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
What Andrea Berta has told Arsenal players about...
Arsenal players are reportedly confident of signing Vinicius Junior after...
2h ago from CaughtOffside.com
Manchester United given update amid surprise interest...
Manchester United have reportedly learned that Arsenal will not be...
2h ago from CaughtOffside.com
Vinicius Jr's representative provides response when...
Vinicius Jr's image consultant, Edu Peixoto, has revealed that Arsenal...
4h ago from SportsKeeda.com
Vinicius Jr leaves Real Madrid meeting, Arsenal tipped...
Vinicius Junior has been seen leaving his meeting with Real Madrid today...
3h ago from CaughtOffside.com
Comments
Hottest News
McNish claims Audi proving its potential as rookie Formula...
Audi racing director Allan McNish believes the... Read More »
2h ago from F1Technical.net
Briatore questions Alpine’s results: ‘Why are we not...
Flavio Briatore is not a man accustomed to... Read More »
50m ago from F1i.com
Alex Albon admits Williams F1 upgrades will not be quick fix
Alex Albon has conceded that Williams' Baku... Read More »
40m ago from MotorsportWeek.com
