News Details
Renault and Mercedes confirm plans to stay committed to Formula 1
Mercedes and Renault have both moved to deny the recent exit rumours that suggested that the German and the French manufacturer could leave Formula 1 due to the financial challenges presented by the coronavirus outbreak. As a result of the COVID-19 pandemic, Renault has announced nearly 15,000 job losses in the wake of plummeting car sales. With McLaren joining forces with Mercedes as of 2021, Renault will be left without a costumer team to supply with its power units. The situation prompted rumours to circle, suggesting that the French manufacturer could turn its back on Formula 1 after reviewing its financial plans for the foreseeable future. The French manufacturer has revealed that the...
Full Story »
Full Story »
3y ago from F1Technical.net
0
You May Also Be Interested In...
'Russian billionaire Mazepin contemplates acquisition...
Earlier the French government ringed the alarmbells about Renault, which...
3y ago from GPBlog.com
FIA confirms major changes to the Sporting Regulation
FIA has announced that the World Motor Sport Council has approved major...
3y ago from F1Technical.net
'Palmer has to leave Aston Martin, Mercedes top man...
According to Financial Times reports, due to a reorganisation at Aston...
3y ago from GPBlog.com
Cost-saving rules could save Renault F1 effort says...
Renault team principal Cyril Abiteboul has answered speculation that the...
3y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac's Morbidelli still "missing freedom"...
No description available...
8h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
13h ago from MotorsportWeek.c...
Oliveira frustrated by "baby steps" as 2024...
No description available...
13h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
The good, bad, and ugly of IndyCar's half-baked...
No description available...
6h ago from Motorsport.com
Rasmussen, Siegel and Simpson complete oval rookie...
No description available...
1d ago from Motorsport.com
Rosenqvist: Confidence within MSR growing with every...
Felix Rosenqvist has started off his time with Meyer Shank Racing on a...
1d ago from MotorsportWeek.c...
Rising concerns in IndyCar over PFC’s braking system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Kenya president pushing for longer WRC Safari Rally
No description available...
4h ago from Motorsport.com
Neuville pips Tänak in Safari opener
FIA World Rally Championship leader Thierry Neuville took a slender...
6h ago from MotorsportWeek.c...
How WRC Rally1 teams embraced the return of the...
No description available...
6h ago from Motorsport.com
Kenya launches motorsport academy to nurture future...
No description available...
10h ago from Motorsport.com
Popular On GunnersToday.com
Key Manchester City duo miss first team training ahead...
No description available...
57m ago from SportsKeeda.com
Arsenal, Liverpool or Manchester City? Chris Sutton...
No description available...
57m ago from SportsKeeda.com
Crunch time: Easter games that have shaped the Premier...
the sharp end of the season fast approaches, here are four classic matches...
6h ago from TheGuardian.com
Barcelona Transfer News Roundup: Blaugrana suffer...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
Vettel CONFIRMS F1 comeback and reveals what's holding it up
Ever since Lewis Hamilton made the shock... Read More »
5h ago from GPFans.com
Hamilton fired serious warning by Wolff as F1 star takes...
Mercedes boss Toto Wolff has shot Lewis Hamilton... Read More »
57m ago from GPFans.com
Top manufacturer takes HUGE step towards F1 return
A top manufacturer has taken a significant step... Read More »
10h ago from GPFans.com