Renault team principal Cyril Abiteboul believes there is no scenario in which a power supplier can run a profitable business in Formula 1 without having a works team alongside. Honda recently announced it is to exit F1 at the end of 2021, explaining it was a resource-driven decision as the company wants to hit certain targets in the automotive industry, in particular with regards to carbon neutrality. Article continues under video As for Renault, it sold its stake in the F1 team at the end of 2010, exclusively becoming an engine manufacturer for the next five seasons - winning four double championships with customer team Red Bull - before returning as a works team in 2016. Abiteboul has...
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