News Details

Renault into the red after spending big

It's been revealed that Renault has gone into the red after spending big on certain things last year such as win bonuses. The team fell from a £1 million pre-tax profit the previous year to a £7.8 million loss in 2018. The Oxfordshire based teams ended up fourth in the constructors' championship last season as costs went up from £18.6 million to £152.3 million as the team looked to improve it's Chipping Norton factory. The fourth-place finish in 2018 was their best result as a team since they returned to the sport as Renault. Their best result since returning to F1 came as recently as last weekend when Australian driver Daniel Ricciardo secured a fourth-place...
Full Story »
9mo ago from GPBlog.com 0
Share

You May Also Be Interested In...

Renault report £7.4m loss for 2018

Despite an increase in revenue last season Renault have announced a...
9mo ago from PlanetF1.com

Renault reports £7.8m loss

In its efforts to catch Mercedes, Ferrari and Red Bull, Renault turned a...
9mo ago from Pitpass.com

Ocon: I was afraid of being forgotten about

Next year Esteban Ocon will be back on the grid with Renault and reveals...
9mo ago from GrandPrix247.com

Williams publish huge financial loss following poor...

Williams have literally paid the price for a poor 2018 season as they...
9mo ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Binder: Motocross will bite one day, Misano test...

Brad Binder is one of the many MotoGP riders using motocross as a key...
5h ago from Crash.net

MotoGP sabbatical now an option for Ducati's...

Andrea Dovizioso's manager admits his MotoGP rider is now considering...
1d ago from AutoSport.com

Dovizioso looking at MotoGP sabbatical should Ducati...

Andrea Dovizioso could be set to take a sabbatical from MotoGP should he...

Popular On IndyCarToday.com

MECHANIC: Blair Julian, lights to flag with Scott Dixon

If Scott Dixon is the most successful driver of the modern IndyCar era,...
6h ago from SpeedCafe.com

VIDEO: Indianapolis Grand Prix race highlights

Highlights of Scott Dixon's big win on the Brickyard road course
8h ago from SpeedCafe.com

Power laments costly dramas at Indianapolis

Will Power has been left to lament two costly issues which saw him finish...
8h ago from SpeedCafe.com

Popular On TotalWRC.com

2020 WRC Set for September Return

The 2020 FIA World Rally Championship is set to get back underway after a...

WRC season to resume with Rally Estonia later this year

The paused 2020 World Rally Championship finally has a date for when its...

Rally DirtFish Officially Cancelled

Rally DirtFish has been cancelled following the confirmation that Rally...

Popular On GunnersToday.com

Lacazette on… the win, Saka and the defence

Alex Lacazette played a key role in our win at Wolves on Saturday - but...
2h ago from Arsenal.com

Real Madrid forced to sell James Rodriguez for...

Real Madrid have conceded that they will have to sell outcast midfielder...
1h ago from SportsMole.co.uk

Report: Tottenham Hotspur want Pierre-Emile Hojbjerg,...

Tottenham Hotspur are reportedly eyeing up a double swoop for Southampton...
1h ago from SportsMole.co.uk

'Words can't describe how great this has been!'

It’s been some week for Bukayo Saka. First he signed a new long-term...
2h ago from Arsenal.com

Comments

Hottest News

Five F1 drivers refusing to kneel - source

Jul.5 There are rumours of growing tension... Read More »

The Morning After: Red Disaster

You know a Formula 1 team is in trouble when they... Read More »
4h ago from GrandPrix247.com

Ricciardo reveals: "Not all drivers feel comfortable...

Over the past few days, the drivers have been... Read More »
1h ago from GPBlog.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.