News Details
Did Ricciardo see the writing with Renault's $2.2b cuts
Daniel Ricciardo may have jumped off the Renault ship before it sunk with the carmaker set to unveil a plan to cut costs by $2.2 billion. With the world in the midst of an unprecedented financial crisis, even big manufacturers such as Renault is feeling the pinch. A pinch that the company, and the French government which owes a 15% stake in Renault, need to lessen. Reuters is reporting that ‘at the end of May, Renault plans to outline 2 billion euros ($2.2 billion) of spending cuts over the next three years after booking its first loss in a decade last year.' The company's factories are under threat with Renault considering closing three of its French sites: Choisy-le-roi, Dieppe and...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Abiteboul hints Ricciardo's confidence in Renault had...
Renault team boss Cyril Abiteboul says Ricciardo's departure at the end...
5y ago from FormulaSpy.com
Russell ‘a little bit jealous' seeing his mates...
Williams Formula 1 driver George Russell admitted he's a 'little bit...
5y ago from MotorsportWeek.com
Abiteboul takes parting shot at Ricciardo
Renault boss Cyril Abiteboul has directed some veiled criticism at his...
5y ago from GrandPrix247.com
Ferrari are ‘mad' if they pushed Vettel out says...
Formula 1 champion Jenson Button says it would be 'madness' if rumours...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
14h ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
1d ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
2d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
1d ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
1d ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
1d ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg survives with healthy...
No description available...
5h ago from Motorsport.com
WRC Monte Carlo: Drivers, fans and Liam Lawson enjoy...
No description available...
38m ago from Motorsport.com
Solberg steals the show on Saturday
Oliver Solberg and Elliot Edmondson continued where they left off on...
6h ago from MotorsportWeek.c...
WRC Monte Carlo: Oliver Solberg in control, as Elfyn...
No description available...
14h ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal ‘in talks' to sign Real Madrid...
Arsenal are stepping up their long-term recruitment planning, with sources...
1h ago from FreshArsenal.com
Report: Arsenal interested in signing Brazilian league...
Arsenal look unlikely to sign any senior players soon, but the club do...
2h ago from FreshArsenal.com
Jermaine Jenas warns Arsenal about 3 Manchester United...
Former Tottenham Hotspur midfielder Jermaine Jenas has warned Arsenal that...
6h ago from SportsKeeda.com
Talks held: Arsenal planning transfer move for £43m...
Arsenal are reportedly discussing a potential future transfer move for...
7h ago from CaughtOffside.com
Comments
Hottest News
Charles Leclerc suffers very unfortunate mishap during...
There's low-hanging fruit, and then... Read More »
4h ago from GPFans.com
Lewis Hamilton left stunned after first Ferrari 2026 F1 laps
Ferrari unveiled to the world its new car for the... Read More »
13h ago from RacingNews365.com
Customer Porsche loses Daytona 24 Hours lead as works team...
Check out the report after the first six hours of... Read More »
47m ago from RacingNews365.com
