Renault has ruled out continuing in its current position as an engine supplier, citing high costs and a low marketing return as the main reasons. The French manufacturer has been considering four options for its future in Formula 1. They include pulling out, continuing as is, increasing their branding at either Red Bull or Toro Rosso or returning to a works team status. During a meeting in Monaco between Renault F1 chief Cyril Abiteboul, Renault chairman Carlos Ghosn and Bernie Ecclestone, it seems they have ruled out remaining just an engine supplier past 2016. Abiteboul, speaking to Motorsport, claims the return on investment simply isn't good enough because costs are far...
Full Story »