Renault Purchase Of Lotus Formula One Team Will Be Finally Finalized

After dragging through a season full of late freight shipments and unpaid bills, the Lotus Formula One team’s financial savior has finalized their purchase of the team, per the BBC. Renault signed a letter of intent to purchase the Lotus F1 team at the end of September, and the principal contracts of the purchase were…

Circuit Of The Americas Still Hasn't Paid Formula One Hosting Fees: Report

A $33 million dollar hosting fee that was supposed to be paid ahead of last month’s Formula One United States Grand Prix has yet to be paid by Circuit of the Americas, according to a report published in the Austin American-Statesman. That fee was supposed to be paid ahead of the October 25 race date.