News Details

Renault steps up investment plan

Halfway through a debut season which has proved every bit as challenging as expected, Renault has admitted that it cannot afford to stick to its original 5-year programme and has therefore decided to move it forward while increasing the amount of funding provided. 'We had put together a five-year plan, with an investment package, managing director Cyril Abiteboul told Autosport, 'but a couple of weeks ago we had approval to increase that package and bring it forward. 'What we want is to make a difference as quickly as possible,' he admitted, 'and for that there is no better way than to accelerate what we need to do over the five-year plan.' Although the first half-season has been largely...
Full Story »
9y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Renault – Ready for Germany or stuck in first gear?

Renaults Nick Chester is optimistic for the German GP but will it...
9y ago from F1.co.uk

German GP was 'two steps forward' for Kvyat

 XPB Images Daniil Kvyat says he felt like he took "two...
9y ago from F1i.com

Vettel positive but wants 'steps forward'

– Sebastian Vettel described a "positive" opening day of...
9y ago from GPUpdate.net

Vettel positive but eyes Ferrari progress

Scuderia Ferrari Sebastian Vettel described his Friday running as...
9y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Long Beach to bring in new leadership for iconic event

Organizers of the annual Grand Prix of Long Beach event have announced...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Mikel Arteta provides worrying update on key Arsenal...

Arsenal manager Mikel Arteta has revealed that Bukayo Saka is dealing with...
4h ago from SportsKeeda.com

'I saw it live, I saw it here. I saw it now again' -...

Arsenal manager Mikel Arteta believes his side were denied a clear penalty...
9h ago from SportsKeeda.com

Nottingham Forest 0-0 Arsenal: Gunners misfire to...

Match report – Player ratings – Arteta reaction – Quotes...
13h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.