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Renault threatens to withdraw from F1

French automaker Renault, which supplies engines to the Red Bull and Toro Rosso teams, is considering pulling out of Formula One because of the damage done to its reputation after a difficult start to the season. Renault Sport F1 managing director Cyril Abiteboul said Friday he is looking at his options, 'including getting out of Formula One.' 'If Formula One is that bad for Renault's reputation, if we see that we will continue to struggle with the current formula, if Formula One is not delivering on the value that it costs Renault ... this is what we're looking at,' he said. However, Abiteboul was also asked whether Renault was weighing up the option of buying an existing F1 team...
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9y ago from F1Pulse.com 0
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