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
Honda completes another test with 2027 bike as Ducati...
No description available...
14h ago from Motorsport.com
Jorge Martin: Aprilia signed me to win the title,...
No description available...
16h ago from Motorsport.com
Can Aprilia dethrone Ducati in the 2026 MotoGP title...
The conclusion of the 2025 MotoGP season saw an unprecedented level of...
1d ago from MotorsportWeek.c...
Aprilia reveals 2026 MotoGP bike for Marco Bezzecchi...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
1d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
1d ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
1d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Ford's Nani Roma survives late crash and fuel drama to...
No description available...
13h ago from Motorsport.com
Dakar 2026, Stage 13: Nasser Al-Attiyah wins to extend...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal rival Bayern Munich for transfer of...
Arsenal are reportedly up against Bayern Munich for the potential transfer...
56m ago from CaughtOffside.com
Mikel Arteta gives intriguing response to question...
Arsenal manager Mikel Arteta has spoken out on the reported addition...
9h ago from CaughtOffside.com
White Unlikely To Depart But Will Arsenal Strengthen...
With us now a few weeks into the New Year, the January transfer window has...
11h ago from FreshArsenal.com
Premier League news: Arteta plays down Rice’s tunnel...
No description available...
13h ago from TheGuardian.com
Comments
Hottest News
F1 News Today: Max Verstappen ‘gifted’ title as Red...
A former FIA steward has suggested that former... Read More »
56m ago from GPFans.com
McLaren eager for validation after striking Red Bull F1...
McLaren is hoping a crucial 2025 decision will... Read More »
2h ago from RacingNews365.com
Red Bull braced for 'sleepless nights' after '90 years'...
Red Bull has produced its own in-house power unit... Read More »
1h ago from RacingNews365.com
