News Details

Renault ‘don't need the money' from Alpine team sale – CEO

Oct.7 Luca de Meo says Alpine needed a big change in Formula 1 because the brand had become 'invisible'. The Renault Group CEO says making the decision to scrap the works F1 engine program at Viry-Chatillon was 'heartbreaking', but insists it was the result of 'months and months of deliberation'. During that period, angry F1 engine staff at Viry fiercely battled the decision in the form of public protests and even strikes. 'I admire the commitment and tenacity of the people at Viry-Chatillon,' de Meo told L'Equipe. 'They have guts, and that's good news. 'But in Formula 1, we have become invisible. Two more years like this, and the project was going to collapse completely. We have to shake...
Full Story »
Share

You May Also Be Interested In...

Ex-Renault boss says Alpine ‘wants to make F1...

Oct.1 'The axe has fallen' on French-made engines in Formula 1. That's...
10mo ago from OneStopStrategy.com

Viry staff respond to Renault axing Alpine F1 engine...

Staff at Viry-Chatillon have blasted Renault Group's decision to cease...
10mo ago from MotorsportWeek.com

Red Bull F1 gap to McLaren a ‘whole new world'...

Red Bull advisor Helmut Marko has admitted that McLaren's recent...
9mo ago from MotorsportWeek.com

Christian Horner names ‘low point' in Red Bull's...

Red Bull Formula 1 boss Christian Horner has revealed the Italian Grand...
9mo ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

How Palou can clinch his fourth IndyCar championship...

Alex Palou is the man of the moment in IndyCar, and currently holds a 121...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

FOX acquires 33% stake in Penske Entertainment, IndyCar

Fox Corporation, parent company of broadcast company FOX Sports, has...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal handed double injury boost ahead of Premier...

Arsenal have been handed a double injury boost as they gear up for their...
2h ago from SportsKeeda.com

Report: Arsenal working to complete £20m deal with...

Arsenal have already made six summer signings and they could be set to...
4h ago from FreshArsenal.com

Liverpool interested in signing 20-year-old star...

Liverpool have been linked with a potential move for Arsenal target Jeremy...
5h ago from SportsKeeda.com

Comments

Hottest News

Ferrari's Lewis Hamilton replacement? Champion driver...

Just hours after Ferrari star Lewis Hamilton had... Read More »
1h ago from GPFans.com

Axed F1 boss 'set to BUY' grand prix team

A former F1 team boss is getting ready to buy a... Read More »
8h ago from GPFans.com

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.