News Details

Dmitry Mazepin could step in as Renault's saviour

The Renault Formula 1 team already has a buyer, or at least an investor, in the wings with Russian billionaire Dmitry Mazepin linked to a under-fire team. Renault is one of many Formula 1 teams reportedly in financial trouble, however, the team's bank balance isn't being helped by issues with its parent company in France. Renault is set to make financial cuts to the tune of $2.2 billion with the carmaker closes factories around France and potentially shutting the door on its F1 team. An announcement is expected later this week. However, the F1 team's managing director Cyril Abiteboul is confident the Enstone team is safe especially after Formula 1 agreed to slash its budget cap. He told...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

McLaren axes 1200 jobs in company restructure

McLaren will lay-off 1200 of its staff across its automotive,...
5y ago from GrandPrix247.com

Daimler reportedly ‘pushing hard' for Vettel

Daimler, parent company of Mercedes, are reportedly 'pushing hard' to...
5y ago from PlanetF1.com

Stroll appoints Mercedes chief as new Aston Martin CEO

Tobias Moers has been appointed as the new Chief Executive Officer of...
5y ago from MotorsportWeek.com

AlphaTauri 'very worried' about 2022 car amid...

AlphaTauri boss Franz Tost says the financial impact of F1's current...
5y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Honda pinpoints potential ‘advantage' ahead of...

Honda technical director Romano Albesiano believes there is one specific...
21h ago from MotorsportWeek.c...

Toprak Razgatlioglu admits MotoGP adaptation...

Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Oliver Solberg storms into Safari Rally Kenya lead

Kenya. Storms. Rain. Mud. With just two stages on Thursday’s itinerary,...
14h ago from MotorsportWeek.c...

Popular On GunnersToday.com

New twist as Man United join Arsenal in holding talks...

Manchester United are reportedly also in talks over a potential transfer...
59m ago from CaughtOffside.com

Home and away

Hi, good morning, how are you? I woke up, made coffee, gave Lana some pats...
59m ago from Arseblog.com

Man United rival Arsenal for Sandro Tonali and eye...

Manchester United are reportedly making Newcastle United midfielder Sandro...
1h ago from CaughtOffside.com

Arsenal & Chelsea eye 20 million-rated 'complete...

Arsenal and Chelsea are interested in signing Adri Mehmeti from the New...
12h ago from CaughtOffside.com

Comments

Hottest News

F1 2026 Chinese Grand Prix – FP1 Results

George Russell set the pace in the only practice... Read More »
3h ago from MotorsportWeek.com

F1 Sprint Qualifying Results: Aston Martin suffer double...

Lewis Hamilton and Charles Leclerc bounced back... Read More »
49m ago from GPFans.com

Ferrari fail Lewis Hamilton as new race engineer...

Lewis Hamilton and his new F1 race engineer at... Read More »
1h 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.