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Abiteboul casts positive outlook on Renault future in F1
Renault F1 boss Cyril Abiteboul believes a profitable future awaits Renault in F1 following the upcoming transformation of the sport's business model. Renault's return to Grand Prix racing as a works outfit in 2016 was to follow a five-year plan rubber-stamped by former chief executive Carlos Ghosn to position the French manufacturer among the sport's front-runners. The former championship winning outfit has been running behind schedule in the past few seasons and its future in F1 was called into question at the start of the season following the automotive group's management changes and falling revenues. However, the current coronavirus crisis has weakened even more Renault's financial...
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