0
Reports of financial strife at Lotus have resurfaced this week. Amid speculation the team's absent-in-2015 owner Gerard Lopez is set to sell the Enstone squad back to Renault, reports said a matter went before a London court on Monday.
Reuters said it was a "winding-up petition", which is basically a legal request made by an unpaid and disgruntled creditor, demanding administration and ultimately liquidation of a company. A spokesperson for the Companies Court was quoted as saying the matter was adjourned for now until July 20. Sky reported that the delay is to "allow the team time to find a resolution to the matter".
And Lotus chief executive Matthew Carter was quoted by Kleine Zeitung newspaper: "Some suppliers have a bad feeling after what happened with Caterham and Marussia." He added that a "solution" to the matter has already been found, "which is why it was adjourned".
Carter has also been quoted as denying reports Lotus is set to be sold to Renault. "I checked this with Matthew Carter," British broadcaster Sky's pitlane reporter Ted Kravitz said, "and he said 'No, the team is not for sale and there's no truth in a potential sale to Renault'." (GMM)
Grand Prix of BelgiumLocal time
Grand Prix of BelgiumLocal time
Bahrain International Circuit - Winter testing
M. Verstappen
C. Sainz jr
C. Leclerc
Bahrain
United Arab Emirates
Bahrain
Bahrain International Circuit
Bahrain
Bahrain International Circuit
Saudi Arabia
Jeddah Street Circuit
Australia
Albert Park
Japan
Circuit Suzuka
United States of America
Miami International Autodrome
Monaco
Monte Carlo
Canada
Gilles Villeneuve
Spain
Circuit de Catalunya
Austria
Red Bull Ring
United Kingdom
Silverstone
Hungary
Hungaroring
Belgium
Spa-Francorchamps
Netherlands
Circuit Zandvoort
Italy
Monza
Azerbaijan
Baku City Circuit
Singapore
Marina Bay Street Circuit
United States of America
Circuit of the Americas
Mexico
Autodromo Hermanos Rodriguez
Brazil
Interlagos
United States of America
Las Vegas Street Circuit
United Arab Emirates
Yas Marina Circuit
United Arab Emirates
Yas Marina Circuit
236,923 comments on Renault
27 members have this team as their favourite
Tweets about Renault
Replies (0)
Login to reply