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Renault steps up investment plan

Halfway through a debut season which has proved every bit as challenging as expected, Renault has admitted that it cannot afford to stick to its original 5-year programme and has therefore decided to move it forward while increasing the amount of funding provided. 'We had put together a five-year plan, with an investment package, managing director Cyril Abiteboul told Autosport, 'but a couple of weeks ago we had approval to increase that package and bring it forward. 'What we want is to make a difference as quickly as possible,' he admitted, 'and for that there is no better way than to accelerate what we need to do over the five-year plan.' Although the first half-season has been largely...
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