Doylestown Auto Shop News — Renault bailing out Lotus F1 Team to pay $4M tax bill

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Renault is poised to take the first major step in reacquiring the Lotus F1 Team from Genii Capital by paying an outstanding tax bill to the UK government in order to stave off the team’s financial collapse.

Continue reading Renault bailing out Lotus F1 Team to pay $4M tax bill

Renault bailing out Lotus F1 Team to pay $4M tax bill originally appeared on Autoblog on Mon, 28 Sep 2015 14:30:00 EST. Please see our terms for use of feeds.

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