News Details
Renault committed to F1 beyond 2020 despite exit rumours
Renault has confirmed it remains commited to stay in Formula 1 on a long-term basis despite a major company restructure to cut costs. On Friday the French car maker presented its plan to reduce costs by 2bn over the next three years in response to declining car sales and in the wake of the financial uncertainty caused by the coronavirus crisis. Renault will cut nearly 15,000 jobs as part of the cost-saving measures and company restructuring but the F1 team is set to be unaffected by the proposal. Speaking at a conference call on Friday, Renault’s Interim CEO Clotilde Delbos reaffirmed the French manufacturer’s commitment to F1 beyond the end of the 2020 season, when its current...
Full Story »
Full Story »
You May Also Be Interested In...
McLaren axes 1200 jobs in company restructure
McLaren will lay-off 1200 of its staff across its automotive,...
4y ago from GrandPrix247.com
Renault want long-term Ricciardo replacement
Renault principal Cyril Abiteboul says the team will wait until the...
4y ago from PlanetF1.com
Renault will remain in F1 despite $2b cuts
Renault's interim CEO Clotilde Delbos has confirmed the company’s...
4y ago from PlanetF1.com
Hope for British GPs despite quarantine scheme
There is hope that major sporting fixtures including the British Grand...
4y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez tops Barcelona MotoGP test as Marc makes...
No description available...
13h ago from Motorsport.com
Marquez completes first laps on factory Ducati in...
No description available...
18h ago from Motorsport.com
Mir on Honda's lack of new parts in Barcelona MotoGP...
No description available...
12h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar hopefuls complete test day at Thermal Club
Six different drivers completed a private test day at The Thermal Club on...
6h ago from MotorsportWeek.c...
Arrow McLaren parts ways with IndyCar Team Principal...
Arrow McLaren announced on Tuesday that Team Principal Gavin Ward has...
11h ago from MotorsportWeek.c...
Arrow McLaren and Team Principal Gavin Ward part ways
No description available...
13h ago from Motorsport.com
Despite three IndyCar titles, Palou feels incomplete...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Toyota targets "almost perfect” Rally Japan to...
No description available...
18h ago from Motorsport.com
How losing hybrid will affect WRC Rally1 cars in 2025
No description available...
1d ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
4d ago from Motorsport.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
West Ham could have £27.5m failure back for major...
West Ham and Niclas Fullkrug is a relationship that has yet to get going...
7h ago from CaughtOffside.com
Newcastle 'idol' Bruno Guimaraes addresses Man City...
Newcastle United 'idol' Bruno Guimaraes responds to speculation linking...
10h ago from SportsMole.co.uk
Spurs 'join' Arsenal in race to sign La Liga star...
Tottenham Hotspur reportedly join rivals Arsenal in the race to sign a La...
10h ago from SportsMole.co.uk
Official announcement soon: latest Man City update is...
Pep Guardiola has agreed a contract extension with Man City which will see...
8h ago from CaughtOffside.com
Comments
Hottest News
Perez Red Bull future takes SHOCK twist as Ricciardo...
Sergio Perez’s Red Bull future could take a... Read More »
6h ago from GPFans.com
Verstappen makes debut in Honda hypercar: Here are the...
Max Verstappen is fast in anything that has four... Read More »
7h ago from GPBlog.com
Coulthard 'amazed' at Verstappen 'prejudice' after...
Max Verstappen is now on the cusp of a fourth... Read More »
9m ago from RacingNews365.com
