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Renault F1 team should know its fate this ‘Friday'

The Renault F1 team should learn on Friday whether it has a future in Formula 1 under the Renault branding, or if it will be sold. Although Renault F1 managing director Cyril Abiteboul recently said Renault will be in F1 for a 'very long' time, rumours persist that the French carmaker is considering selling its team. That, reports Autobild, could be decided on Friday. The German publication reports that Reanult will announce cost saving measures as early as today and it is ‘feared that this will include the exit from Formula 1. ‘The Renault group has its back to the wall. France's Economics and Finance Minister Bruno Le Maire confirmed to 'Le Figaro' that Renault had applied...
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