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Renault takeover decision expected this week

Renault are today holding a crunch meeting to discuss its future in Formula 1 and whether it quits entirely, remains an engine supplier or returns to team ownership by taking over the Lotus team it once owned. Renault-Nissan CEO Carlos Ghosn will meet with Renault ambassador Alain Prost and Renault Sport F1 boss Cyril Abiteboul to analyse each option before finally committing to one. Whilst a decision is likely to be made this week, it might not immediately be made public until further discussions have taken place. Sources close to the company have suggested team ownership is the preferable option, but by no means is it a definite, particularly because of Lotus's financial situation which...
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