News Details

Renault losing patience with late-paying F1 teams

Renault on Friday said it is losing patience with some of its F1 team customers. The French supplier's F1 chief Jean-Michel Jalinier revealed to reporters in Barcelona that more than one partner team is late in paying for its turbo V6 engines. "I must say we are not at an acceptable situation, because some of the teams are just late in payments, and at the time you need to spend resources to catch up you cannot afford to have those (late) payments," Reuters quoted him as saying. Renault supplies four F1 teams with engines this year: world champions Red Bull and sister team Toro Rosso, as well as Lotus and Caterham. It is known that Lotus fell behind in its payments to drivers and...
Full Story »
2y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Renault losing patience with late-paying F1 teams

Renault has warned late-paying Formula One teams that they risk having...
2y ago from SuperSport.com

Renault: Some of the teams are late in payments and...

Renault V6 F1 turbo engine package The new V6 turbo hybrid power units are...
2y ago from GrandPrix247.com

Renault waiting on payment from some customers

Renault Sport F1, which supplies power units to Red Bull, Toro Rosso,...
2y ago from TheF1Times.com

Renault: Late payments are unacceptable

Renault have warned late-paying teams that they are risking their own...
2y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi: Vinales will give me the same problems as...

Valentino Rossi admits that Maverick Vinales' speed in his first MotoGP...
2d ago from Motorsport.com

Carlo Pernat: Impressive Vinales is Lorenzo’s riding...

MotoGP powerbroker Carlo Pernat assesses the class rookies and those rider...
2d ago from BikeSportNews.com

Pedrosa signed up by Wasserman management group

Sports management company Wasserman has announced that from now on it will...
2d ago from Motorsport.com

Marquez: "This year the pressure made me feel...

Marc Marquez admits the pressure he faced this year on the way to his...
3d ago from Motorsport.com

Popular On IndyCarToday.com

Sato makes Andretti Autosport switch for 2017

Takuma Sato will remain in the Verizon IndyCar Series for 2017 after the...

IndyCar weekend formats set to change in 2017

The Verizon IndyCar Series is aiming to introduce a more consistent...
17h ago from Motorsport.com

Andretti Autosport confirms Sato for 2017

Takuma Sato will replace Carlos Munoz in the #26 Andretti Autosport-Honda...
21h ago from Motorsport.com

Sato joins Andretti Autosport for 2017

– Takuma Sato will make the switch to Andretti Autosport for 2017,...
21h ago from GPUpdate.net

Popular On TotalWRC.com

Ogier "cannot guarantee" WRC 2017...

Four-time WRC champion Sebastien Ogier says his participation in the 2017...
8h ago from Motorsport.com

WRC champions crowned at prize giving ceremony

Advertising Stars of the WRC joined winners from all FIA championships to...
6h ago from WRC.com

Hansen named 2016 Rookie of the Year at FIA Gala

Peugeot-backed driver Kevin Hansen was named as the Rookie of the Year at...
10h ago from Motorsport.com

Hyundai unveils its 2017 WRC challenger

Hyundai has become the first team to reveal the 2017-spec car it will...
2d ago from Motorsport.com

Popular On GunnersToday.com

Surprise Start For Defender As Striker Returns -...

Arsenal look to get back to winning ways after the midweek 2-0 loss to...
2h ago from AllArsenal.com

Wenger to decide on Cazorla future in January

Arsene Wenger has confirmed that Arsenal will make a decision on Santi...
2h ago from News.ArseBlog.com

West Ham v Arsenal – live blog

Join us this evening for live blog coverage of the Premier League clash...
1h ago from Arseblog.com

Comments

Hottest News

Lauda: "Half of the grid" has offered to replace...

After winning his maiden F1 title in Abu Dhabi... Read More »
4h ago from Motorsport.com

'Hamilton made Rosberg quit'

The intense pressure of Lewis Hamilton forced... Read More »
7h ago from SkySports.com

Ecclestone offers views on Hamilton’s future team-mate

Formula One supremo Bernie Ecclestone has weighed... Read More »
40m ago from F1i.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.