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Renault on Brink of Quitting F1 Over Engine Stoush

Posted: March 29th, 2015 | Author: | Filed under: Auto News, Grilled, Renault | Tags: , , , , , , | Comments Off on Renault on Brink of Quitting F1 Over Engine Stoush

Renault on Brink of Quitting F1 Over Engine StoushFrench auto-giant Renault has said it is reviewing all its Formula One options, including quitting the sport or buying the Toro Rosso team, after stinging criticism of its engine.

The car maker has been at loggerheads with main partners Red Bull since Mercedes decisively ran-away with the season opening Australian Grand Prix earlier this month.

Despite signs of improvement in Friday practice at the Malaysian Grand Prix, Renault Sport F1 managing director Cyril Abiteboul did not pull any punches when asked at a news conference about the situation.

Renault supplies power units to former champions Red Bull and sister team Toro Rosso, its only remaining clients after Caterham folded and Lotus switched to Mercedes ::::
Renault on Brink of Quitting F1 Over Engine Stoush

“I can confirm that we are looking at a lot of options, including getting out of Formula One,” Mr Abiteboul said. “Honestly, if Formula One is that bad for Renault’s reputation, if we see that we will continue to struggle with the current formula, if the sport is not delivering on the value that it costs Renault. We think we are a credible player in the sport but you need to think about what else we need to do on top of what we already are. But right now, the focus remains on the engine.”

Renault supply power units to former champions Red Bull and sister team Toro Rosso, its only remaining clients after Caterham folded and Lotus switched to Mercedes.

Lotus was previously the championship-winning Renault works team, with the manufacturer selling its shares to Genii capital in 2009-10.

Toro Rosso team principal Franz Tost addressed speculation that Renault could buy his team by saying it would be a “fantastic opportunity”.

“The team wants to be established in the future within the top five of the constructor’s championship and to be owned by a manufacturer would be exactly the step forward which the team needs,” said Tost, sitting next to Abiteboul.

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