News Details
Lotus winding-up petition postponed
– A winding-up petition against Lotus has been adjourned for two weeks, in a bid to give the team enough time to reach an agreement with a number of creditors.Lotus Formula 1 Ltd was among those on a winding-up list of the Companies Court on Monday, with judge Mr Registrar Briggs delaying the hearing until July 20.Lotus has faced financial problems in recent seasons, and slumped to eighth in last year's championship standings, ahead of only Marussia, Sauber and Caterham.Lotus CEO Matthew Carter is confident, however, that the matter will be resolved in due course, and that the case will have no bearing on the team's Formula 1 future."A number of suppliers are feeling a little...
Full Story »
Full Story »
10y ago from GPUpdate.net
0
You May Also Be Interested In...
Lotus winding-up hearing postponed by High Court
Lotus has been able to postpone a winding-up hearing for two weeks after...
10y ago from Crash.net
Lotus F1 team faces winding-up petition
The Lotus Formula 1 team is facing legal trouble in the wake of a...
10y ago from Motorsport.com
Business as usual for Lotus
A number of creditors, clearly concerned by the demise of Caterham and...
10y ago from Pitpass.com
Kubica: F1 remains beyond my reach at present
Robert Kubica has admitted that racing in formula one remains 'beyond my...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
How Jorge Lorenzo is pushing Maverick Vinales beyond...
No description available...
18h ago from Motorsport.com
Ducati will continue racing its unbeatable 2024 engine...
No description available...
1d ago from Motorsport.com
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
2d ago from MotorsportWeek.c...
Can Johann Zarco match factory Honda duo Joan Mir and...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
3d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
2d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
2d ago from Motorsport.com
Mick Schumacher reveals what has surprised him the...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
17h ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
19h ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
20h ago from Motorsport.com
WRC Sweden: Elfyn Evans heads Toyota 1-2-3-4 into...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“Didn’t score but pretty much did every other...
Pundit Steve Nicol singled out Arsenal star Eberechi Eze for praise...
1h ago from SportsKeeda.com
“Arteta doesn’t really have his perfect XI” -...
Former Arsenal defender Kieran has claimed that it is tough to pick...
1h ago from SportsKeeda.com
FA Cup fourth round: 10 talking points from the...
ssure is telling on Scott Parker at Burnley while Dominik Szoboszlai is...
1h ago from TheGuardian.com
Report: Arsenal scout 50 Bundesliga talent on radar of...
Arsenal have reportedly intensified their interest in RB Leipzig winger...
2h ago from CaughtOffside.com
Comments
Hottest News
Mike Krack reveals cause of Aston Martin Bahrain test pace...
Mike Krack admitted the 2026 Formula 1 season is... Read More »
2h ago from MotorsportWeek.com
Stella: McLaren outpaced by Mercedes and Ferrari… so far
Establishing a pecking order based on three days... Read More »
57m ago from F1i.com
Charles Leclerc explains why new F1 pecking order is 'so...
Charles Leclerc has shared his verdict on the... Read More »
56m ago from RacingNews365.com
