Renault has doubled down on their commitment to Formula 1, citing the new regulations and budget cap as major factors in the decision. Renault returned to grand prix racing as a manufacturer team in 2016 having previously walked away at the end of the 2012 season. Article continues under video The financial pressures of the coronavirus pandemic have placed added stress on businesses across the world, and the effects have been felt by both automotive manufacturers and Formula 1 teams alike - Williams announcing on Friday morning that the team was up for sale. “We confirm that we intend to stay in F1,” Renault interim CEO Clotilde Delbos told a media conference call. “Actually the news...
Full Story »