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F1: UK High Court gives Lotus/Renault 10 weeks

Formula 1

F1: UK High Court gives Lotus/Renault 10 weeks

By alley - Sep 28, 2015, 10:31 AM ET

The High Court case against Lotus has been adjourned until Dec. 7 in the wake of Renault's confirmation it intends to take a controlling stake in the Formula 1 team.Lotus faced the threat of administration as it owed £2.7 million ($4.1m) in back income tax and national insurance – £900,000...

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