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Chairman Ghosn approves F1 revival for Renault
Carlos Ghosn, the chairman and CEO of Renault, has reportedly green-lighted a major push for the French carmaker to bounce back in formula one. Mere weeks ago, the marque's F1 boss, Cyril Abiteboul, admitted that after a tumultuous start to the turbo V6 era, the carmaker is considering its options for the future -- which could include pulling out of the sport. But Auto Motor und Sport reports that Ghosn chaired a 'crisis meeting' in Paris in recent days and decided that rather than quit F1, Renault "must return to winning ways". The reaction may go some way to appeasing Renault's works F1 partner Red Bull, whose alarm with the situation only grew in China a week ago when...
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9y ago from GrandPrix.com
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