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Renault warns it will take three years to deliver
Renault CEO Carlos Ghosn expects it will take three years for the French manufacturer to be competitive in Formula 1 following its return as a works team. Renault ended weeks of speculation on Thursday evening by announcing it is taking over the Lotus team to compete under its own name for the first time since 2010. Lotus finished the 2015 season in sixth place in the standings, but using the powerful Mercedes engine as the Renault power unit struggled with Red Bull and Toro Rosso. Ghosn is aware that success will take time. "I think, given how motivated our teams are, it will take three years to be competitive," Ghosn told France's Le Figaro newspaper. "Incidentally, we...
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