News Details
Renault commits to F1 despite job cuts
Renault will stay in Formula 1 despite making major job cuts as a wider company, according to the French car manufacturer’s interim CEO Clotilde Delbos. In response to massively declining new car sales due to the COVID-19 pandemic, and following the Carlos Ghosn scandal, Renault will cut some 15,000 jobs as it searches to find 2 billion ($2.23b) in savings over the next three years. The announcement of those cutbacks had led to speculation regarding its future in Formula 1, but Delbos says the team remains committed as new regulations make it a more attractive proposition. “F1 we said publicly, and we confirm that we intend to stay in Formula 1,” Delbos said. “Actually the news...
Full Story »
Full Story »
You May Also Be Interested In...
Renault will remain in F1 despite $2b cuts
Renault's interim CEO Clotilde Delbos has confirmed the company’s...
5y ago from PlanetF1.com
Renault: We stay in F1
Renault's interim Chief Executive, Coltilde Delbos says the company is to...
5y ago from Pitpass.com
McLaren axes 1200 jobs in company restructure
McLaren will lay-off 1200 of its staff across its automotive,...
5y ago from GrandPrix247.com
Renault CEO: We intend to stay in Formula 1
Renault intends to keep its team in Formula 1, interim CEO Clotilde...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez shrugs off controversy over pitlane entry...
No description available...
2h ago from Motorsport.com
Marc Marquez wins chaotic Jerez MotoGP Sprint despite...
Marc Marquez crashed but made the right strategy calls to prevail in the...
4h ago from MotorsportWeek.c...
Johann Zarco questions Marc Marquez over Jerez pitlane...
No description available...
3h ago from Motorsport.com
MotoGP Spanish GP: Marc Marquez wins chaotic sprint...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
1d ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
4d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
4d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Canary Islands: Oliver Solberg closes on Sebastien...
No description available...
5h ago from Motorsport.com
WRC Canary Islands: Sebastien Ogier leads as Toyota...
No description available...
20h ago from Motorsport.com
Sebastien Ogier goes all out on asphalt attack
Sebastien Ogier and Vincent Landais lead Rally Islas Canarias by 8.6...
23h ago from MotorsportWeek.c...
Dani Sordo reacts to interest from WRC’s newest...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'Magnificent execution!' | Nev: Eze goal for Gunners...
Analysis from Sky Sports pundit Gary Neville who says Eberechi Eze's goal...
39m ago from SkySports.com
“Guy has nothing to offer” - Arsenal fans slam...
Arsenal fans are not happy as Mikel Arteta has named Kai Havertz and Noni...
2h ago from SportsKeeda.com
Major boost for Arsenal as 11 G/A Atletico Madrid star...
Arsenal could reportedly be handed a major boost for their Champions...
4h ago from CaughtOffside.com
Arsenal v Newcastle – live blog
Join us for live blog coverage of our Premier League clash at home to...
2h ago from Arseblog.com
Comments
Hottest News
McLaren blasts F1 rivals for ‘stirring' up...
McLaren CEO Zak Brown has blasted at least one... Read More »
39m ago from MotorsportWeek.com
Max Verstappen delivers ultimate display of power over...
Ahead of next weekend's Miami Grand Prix,... Read More »
59m ago from RacingNews365.com
Fernando Alonso backed to extend F1 career despite Aston...
It has been a disastrous start to 2026 for... Read More »
1h ago from RacingNews365.com
