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Renault bailing out Lotus F1 Team to pay $4M tax bill
The road ahead looks to be clear for Renault to reacquire the Formula One team that once bore its name. The latest reports have it that the French automaker is prepared to pay a multi-million-dollar tax bill to the British government to keep the Lotus team from entering bankruptcy proceedings.
Source: http://www.autoblog.com/2015/09/28/renault-lotus-f1-bail-out-report/
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