News Details
Budget cap encourages Renault to remain in Formula 1
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 »
Full Story »
3y ago from GPFans.com
0
You May Also Be Interested In...
Steiner: 'The budget cap will hopefully attract new...
The Formula 1 teams have agreed to a budget cap that will need to be...
3y ago from GPBlog.com
Steiner: Budget cap is 'stake in the ground' for new...
Haas team boss Guenther Steiner says the formal introduction of a budget...
3y ago from F1i.com
Green: New regs will make big teams dinosaurs
Formula 1's new regulations and cost cap will make 'small, lean,...
3y ago from GrandPrix247.com
FIA sets up whistleblowers platform to regulate budget...
Formula 1's governing body has set up an online 24-hour ‘ethics and...
3y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Quartararo ‘happy' to have ‘first...
Yamaha MotoGP rider Fabio Quartararo says that the MotoGP French Grand...
12h ago from MotorsportWeek.c...
Acosta: French GP was first chance for "something...
No description available...
13h ago from Motorsport.com
Marquez ¡still missing something’ to fight for 2024...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kanaan only an option for Indy 500 if Larson is forced...
No description available...
6h ago from Motorsport.com
Indy 500: Dixon fastest at 229.107mph as weather halts...
No description available...
12h ago from Motorsport.com
IndyCar confirms new hybrid engine race debut for...
No description available...
9h ago from Motorsport.com
IndyCar’s hybrid powertrain to debut at Mid-Ohio
IndyCar confirmed on Tuesday that the series will debut its long-awaited...
9h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Evans feels “new ideas” are required after WRC...
No description available...
12h ago from Motorsport.com
Neuville stunned by almost “impossible” result in...
No description available...
2d ago from Motorsport.com
Tanak not far from “being in the fight” after...
No description available...
1d ago from Motorsport.com
Ogier: Surpassing Markku Alen’s WRC Portugal record...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'First time being happy over a loss, thank you...
No description available...
1h ago from SportsKeeda.com
'Build Son a statue', 'Arsenal timeline tears are even...
No description available...
4h ago from SportsKeeda.com
Everton 'prepared to sacrifice key player to keep...
Everton are reportedly prepared to 'sacrifice' one of their senior players...
3h ago from SportsMole.co.uk
'He gave City the title' 'Did that on purpose' -...
No description available...
5h ago from SportsKeeda.com
Comments
Hottest News
Newey’s wife responds to design guru’s unexpected move
Amanda Newey has reacted to a stunning move made... Read More »
8h ago from GPFans.com
Shock move predicted for Newey as F1 star SUED by former...
Alex Albon has hinted at a sensational return for... Read More »
5h ago from GPFans.com
Red Bull F1 legend 'HATED' by Ferrari insists...
A former Red Bull icon was 'hated' by staff at... Read More »
9h ago from GPFans.com