Mercedes engine cover
Recently departed Renault Sport Formula 1 boss Jean-Michel Jalinier says the struggling French manufacturer was out-spent as the sport entered its new V6 turbo power unit era.
Dominant with Red Bull at the tail-end of the long normally-aspirated engine era, Renault has struggled against the new might of Mercedes as the German company mastered its first power unit for 2014.
Frenchman Jalinier, former president and managing director, retired for personal reasons last month, but his departure was also interpreted as part of Renault's restructuring amid heavy criticism, as it looks to return to top form in 2015 and beyond.
But Jalinier said the pecking order in 2014 is...
Full Story »