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Renault are back in F1 as full works team
Renault will return to Formula 1 as a constructor next year after signing key contracts late Thursday to acquire the struggling Lotus team. Announcing the move, a big boost for the sport after months of uncertainty, the French carmaker's chief executive Carlos Ghosn said he wanted the team to be competitive by 2019. 'Renault had two options: come back 100 percent or leave completely,' he said in a statement. 'After detailed analysis, I made my decision: Renault will be present in Formula One from 2016.' Renault signed a letter of intent in September to take a controlling stake in British-based Lotus, the team it previously owned but sold in late 2009 after a race fixing scandal involving...
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8y ago from GrandPrix247.com
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