2 May 2024
Renault announces it is staying in F1
"We remain committed to Formula 1"
Renault is staying in Formula 1 for now.
Amid serious financial problems for the French carmaker, interim CEO Clotilde Delbos on Friday announced that she will save EUR 2 billion by slashing 15,000 jobs.
However, the Enstone and Viry-based works Formula 1 team will race on.
"We have said publicly and confirm that we remain committed to Formula 1," Delbos said.
"The announcement of new regulations on cost limitation is good for us, so we stayed."
Alpine F1 Team - Renault
20 April 2024
Gasly hopes Alpine inching out of F1 crisis
12 April 2024
Fleeing McLaren chief on way to struggling Alpine - rumour
11 April 2024
Alpine denies new Andretti F1 team buyout rumours
8 April 2024
Alpine ’prepared’ to lose both drivers for 2025
More on Alpine F1 Team - Renault
Search
Formula 1 news
2 May 2024
Hamilton will ’eat’ Leclerc at Ferrari - Doornbos
2 May 2024
Uncle admits Mick Schumacher’s F1 dream may be ending
2 May 2024
Steiner sues Haas, not ruling out F1 return
2 May 2024
Miami tipped to be Logan Sargeant’s last F1 race
2 May 2024