Lotus 'confident' ahead of court hearing


A technican stands next to a pile of tyres at Lotus Formula One team's paddock after the first practice session of the Hungarian F1 Grand Prix at the Hungaroring circuit, near Budapest, Hungary July 24, 2015. REUTERS/Bernadett Szabo

SUZUKA, Japan (Reuters) - The Lotus Formula One team are confident they can escape going into administration even if money owed to Britain's tax authorities remains outstanding before a London High Court hearing on Monday.

"Physically, cash doesn’t have to be in a bank account," Lotus chief executive Matthew Carter told Reuters at the Japanese Grand Prix on Sunday when asked about the technicalities.

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