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,...
5y ago from GrandPrix247.com
Renault want long-term Ricciardo replacement
Renault principal Cyril Abiteboul says the team will wait until the...
5y ago from PlanetF1.com
Renault will remain in F1 despite $2b cuts
Renault's interim CEO Clotilde Delbos has confirmed the company’s...
5y ago from PlanetF1.com
Hope for British GPs despite quarantine scheme
There is hope that major sporting fixtures including the British Grand...
5y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
How Raul Fernandez is chasing his next MotoGP contract
No description available...
10h ago from Motorsport.com
No new Yamaha MotoGP engine until after French GP,...
No description available...
1d ago from Motorsport.com
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
2d ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power “ran me into the wall” says Rasmussen...
No description available...
59m ago from Motorsport.com
Complete IndyCar championship standings after Phoenix
No description available...
1h ago from Motorsport.com
Alex Palou's 100th IndyCar start ends in early crash...
No description available...
4h ago from Motorsport.com
Josef Newgarden earns thrilling IndyCar win at Phoenix
No description available...
2h ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
2d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
4d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Bargain asking price: Liverpool & Arsenal...
Clubs like Liverpool and Arsenal could reportedly be in luck as Real...
5h ago from CaughtOffside.com
Ashley Cole makes honest admission when asked if...
Chelsea legend Ashley Cole believes Arsenal can win the quadruple this...
9h ago from SportsKeeda.com
Supercomputer predicts unthinkable Tottenham...
The Premier League table has been given a radical shake-up as a...
9h ago from CaughtOffside.com
Arsenal looking to reinforce squad with 100m...
Arsenal have stepped up their pursuit of Newcastle United midfielder...
10h ago from SportsKeeda.com
Comments
Hottest News
Motorsport Week's 2026 F1 season predictions
With the new Formula 1 season just hours away,... Read More »
59m ago from MotorsportWeek.com
F1 News Today: Max Verstappen stunned as FIA announce...
Unseen footage of Max Verstappen's reaction to... Read More »
2h ago from GPFans.com
FIA announce late Mercedes penalty verdict after front row...
The FIA have confirmed a late penalty verdict for... Read More »
15h ago from GPFans.com
