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Red Bull loss of revenue won't affect Renault budget - Abiteboul
Renault Sport F1 boss Cyril Abiteboul says the loss of Red Bull Racing as a customer team will lead to diminished revenue for the French manufacturer but won't impact its budget. After a 12-year partnership marked by four Drivers' and four Constructors' titles, Red Bull will sever ties with its engine supplier at the end of the season, and switch its allegiance to Honda. The change - along with the loss this year of Toro Rosso - will deprive Renault of an annual revenue stream estimated at around 25 million euros. "We will receive less, but we will not have less to spend," Abiteboul told French daily L'Equipe. "Supplying engines to Red Bull required money but did not...
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