Monday, 7 December 2015

Renault to pay Lotus debts by end of year

MyF1World
French carmaker Renault aims to complete its takeover of the Lotus Formula 1 team on 16 December and pay creditors, including Britain’s tax authorities, by the end of the year, the High Court heard on Monday. All parties in a protracted case brought against struggling Lotus by the Revenue and Customs authority over unpaid tax, with […]
Read the full story at GRAND PRIX 247

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