Renault F1 boss sees every reason for carmaker to continue
Summary
PARIS (Reuters) - Renault have yet to confirm their Formula One future but team boss Cyril Abiteboul sees every reason for the French carmaker to continue for years to come. All the teams are negotiating a new commercial agreement with rights holders Liberty Media and the governing FIA for a new era starting in 2021, with major rules changes set to make racing cheaper and more competitive. Abiteboul said the difference for Renault, compared to champions Mercedes and rivals Ferrari, was that the French team operated on a smaller budget. “We will get a major improvement of our terms,” Abiteboul told Reuters at a season launch event at the Atelier Renault on Paris’s Champs Elysees. “I have every reason to believe that in principal we are in it for the long term.” Renault finished last season fifth overall, dropping from fourth the previous year with McLaren moving up, and Abiteboul said regaining position in the pecking order was a realistic target.
Classifications
AskAI Classifications
LabelsLinked Companies
