News Details

Report names potential Renault F1 buyer

May 27 A potential buyer for embattled Renault's works Formula 1 team has emerged. On Tuesday, it emerged that about 75 members of the McLaren team are losing their jobs, with chairman Paul Walsh admitting it is a "challenging time for our company". At the same time, reports suggest that Renault's obvious financial problems could also be set to come to a head in the coming days and weeks. Italy's La Gazzetta dello Sport even claims that a potential buyer for the Enstone based team may have been identified. He is Dmitry Mazepin, a Russian billionaire whose son Nikita races in Formula 2. In recent years, Mazepin and his company Uralkali have been linked with other team buyouts...
Full Story »
Share

You May Also Be Interested In...

Book Review: Formula 1: Car By Car 1950-59

Formula One celebrated its 70th birthday last week. A few names from that...
3y ago from MotorsportWeek.com

Report: Renault to announce annual cost cuts of 2...

Renault's Formula 1 programme could be in the firing-line with the French...
3y ago from GrandPrix247.com

Renault will be in F1 for a ‘very long' time

Cyril Abiteboul has once again rubbished suggestions that Renault could...
3y ago from PlanetF1.com

Report: Hockenheim lined-up to replace Silverstone

An impasse between the UK government and Formula 1 could see the 2020...
3y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Quartararo: Marquez's Honda exit ‘woke a lot of...

Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
14h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Pourchaire earns second IndyCar outing with Arrow...

Arrow McLaren announced Tuesday morning that Theo Pourchaire will driver...
18h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Mārtiņš Sesks to drive M-Sport Ford Puma Rally1 in...

Latvia’s Mārtiņš Sesks will benefit from the support of WRC Promoter...

Ogier's last-gasp Croatia Rally victory on surprising...

There had been no major incident on WRC Croatia for 17 stages. That...

Popular On GunnersToday.com

Comments

Hottest News

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.