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...
10y ago from Crash.net
Small updates as Lotus looks for home comforts
Lotus technical director Nick Chester is in optimistic mood as the team...
10y 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...
10y 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...
10y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir fears early silly season could leave MotoGP...
No description available...
10h ago from Motorsport.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
1d ago from MotorsportWeek.c...
Ducati: Resurgent Francesco Bagnaia back to his...
No description available...
1d ago from Motorsport.com
Why Toprak Razgatlioglu is slower than he expected
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Sebring test: Marcus Armstrong leads Day 2,...
No description available...
1h ago from Motorsport.com
Josef Newgarden views 2026 as a ‘hard reset’ after...
Josef Newgarden is coming off one of his toughest years in IndyCar,...
3h ago from MotorsportWeek.c...
Scott Dixon to be inducted into IMS Hall of Fame
The Indianapolis Motor Speedway Museum has announced today that IndyCar...
9h ago from MotorsportWeek.c...
Jacob Abel prioritizing IMSA effort but still desires...
No description available...
9h ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg keeping feet on the ground ahead of...
No description available...
12h ago from Motorsport.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
5d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Liverpool eye midfield fix with £100m Arsenal and Man...
Newcastle United midfielder Sandro Tonali has been linked with a move away...
8h ago from CaughtOffside.com
Euro giants line up move for Arsenal star amid...
AC Milan are already planning for a significant overhaul of their...
11h ago from CaughtOffside.com
Chelsea ‘advancing' in talks to sign striker who...
Chelsea are stepping up their pursuit of Julián Álvarez, with fresh...
19h ago from CaughtOffside.com
Manchester United and Arsenal interested in signing...
Manchester United and Arsenal are reportedly interested in former Chelsea...
17h ago from SportsKeeda.com
Comments
Hottest News
F1 2026 Bahrain Testing: Driver lineups now confirmed for...
The first round of official pre-season testing... Read More »
3h ago from GPFans.com
F1 fans slam Aston Martin launch as 'embarrassment' and...
Aston Martin F1 fans who believe in dire... Read More »
13h ago from GPFans.com
F1 presenter shows off new baby in adorable social media...
An F1 presenter has taken to social media to... Read More »
4h ago from GPFans.com
