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Renault staying in Formula One - interim CEO

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Renault had less investment than some of our competitors

Renault had less investment than some of our competitors

London - Teams spend lot o money

Published: Fri 29 May 2020, 1:06 PM

Updated: Fri 29 May 2020, 3:14 PM

  • By
  • Reuters

Renault will stay in Formula One, interim Chief Executive Coltilde Delbos said on Friday after announcing restructuring measures.
"We confirm that we intend to stay in Formula One," she told a conference call.
"The new regulations, new cap in term of investments, because we had less investment than some of our competitors who are spending a lot of money, so F1, we are here, and we stay in Formula One."



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