News Details
Lotus chief claims financial solution has been found
The Lotus racing chief Matthew Carter said he is confident that the Formula 1 team can reach a new accord with creditors after new court action started. The Lotus name was on a list of companies for a winding-up order at a London commercial court on Monday. But the case was adjourned until July 20 to give time for an accord. Lotus have scored 29 points and are sixth in the constructors' rankings so far and chief executive Carter told media that the team's future was not threatened. 'A number of suppliers are feeling a little negative because of what happened to Caterham and Marussia, and they felt they had to go down this process,' he said, adding that some creditors had already made...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Lotus F1 team have winding-up petition adjourned
A winding-up petition brought by creditors against the Lotus Formula...
10y ago from GrandPrix247.com
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
Lotus in wind-up proceedings over creditor debt
F1 News Lotus in wind-up proceedings over creditor debt Formula1blog.com...
10y ago from Formula1Blog.com
Lotus faces administration if deal can't be struck
The Lotus F1 Team is facing administration if it fails to reach an...
10y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Giacomo Agostini backs 2027 MotoGP rules: “Wings...
No description available...
15h ago from Motorsport.com
Nicolo Bulega: If no 2027 MotoGP move arrives, it's...
Nicolo Bulega believes that not securing a 2027 MotoGP ride wouldn’t be...
19h ago from MotorsportWeek.c...
Injured Maverick Vinales to miss Spanish GP after...
No description available...
21h ago from Motorsport.com
Has Ducati stagnated or have its MotoGP rivals caught...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Long Beach win “probably ranks top three” for Alex...
No description available...
8h ago from Motorsport.com
Alex Palou: Chances at IndyCar win were low before...
Alex Palou took victory in Sunday’s Grand Prix of Long Beach IndyCar...
13h ago from MotorsportWeek.c...
IndyCar reveals Push to Pass software failure, won't...
No description available...
16h ago from Motorsport.com
Jacob Abel set to run Indy 500 with Abel Motorsports
No description available...
16h ago from Motorsport.com
Popular On TotalWRC.com
Why Dani Sordo is excited for his WRC topflight return
No description available...
16h ago from Motorsport.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
3d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
3d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
“It looks, to me, like common sense” - Arsene...
Former Arsenal manager has said that the Gunners will still win the...
41m ago from SportsKeeda.com
The big questions
Morning all. I can't really say the dust has settled after Sunday's game,...
31m ago from Arseblog.com
“Sorry, quick question” - Days after Man City win...
Arsenal have been the subject of mockery in England in recent weeks, and...
11m ago from SportsKeeda.com
How Man City won midfield battle vs Arsenal to blow...
Jamie Carragher highlighted how Manchester City won the midfield battle...
9h ago from SkySports.com
Comments
Hottest News
Max Verstappen banned from Nurburgring qualifying by his...
Max Verstappen has revealed that his team didn't... Read More »
51m ago from GPFans.com
F1 News Today: Truth behind GP Red Bull exit revealed,...
The father of four-time F1 champion Max... Read More »
1h ago from GPFans.com
Red Bull F1 boss facing 'defining moment' after latest...
Red Bull has faced a series of key personnel... Read More »
1h ago from RacingNews365.com
