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Renault to evaluate F1 future as part of company review
Renault will evaluate its future in Formula 1 as part of a “deep” review into the wider company’s strategy moving forward. Renault has undergone a number of changes internally through 2019 after former CEO Carlos Ghosn was arrested in Japan last December over financial misconduct. The manufacturer’s chief financial officer, Clotilde Delbos, has been serving as interim CEO since the exit of Thierry Bollore, who was removed as CEO in a boardroom coup earlier this month. Delbos confirmed in an address to employees earlier this week that Renault would be reviewing its six-year ‘Drive the Future’ plan in a bid to put the company “back on track”, as quoted by Bloomberg. Expanding...
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