The Lotus Formula 1 team will make what it hopes will be its final UK High Court appearance on Monday after finally concluding a takeover deal with Renault.After months of negotiations for Renault, not only with Lotus's now former owners in Genii Capital but also F1 chief executuve Bernie Ecclestone,...

The Lotus Formula 1 team is continuing to make strides to settle its debts with a number of creditors after being faced with a winding-up petition in the UK's High Court.Following a two-week adjournment, the name of Lotus F1 Team Limited was again on the Companies Court Winding-Up List on...

Related StoriesBritain's Sunday Express newspaper reports that a meeting of the bankrupt Caterham team's unpaid creditors is tao take place on Monday, which unpaid creditors will be asked to approve a potential sale of the team.Caterham lapsed into bankruptcy administration earlier this year with debts of a £16.2m ($25.3m), according...