Team Renault may leave Formula 1. The company has financial problems
On may 27, held a press conference at Renault, during which is due to announce a series of measures to combat the crisis condition.
French Finance Minister said that the government was willing to give the automaker’s debt to 5.5 billion euros, but you need to submit antikrizisnyi plan.
It is not excluded that the reduction will exactly program of participation in the Formula-1, which in recent years has not brought great results, but requires serious investment.
It is reported that Renault are willing to sacrifice the f-1 and focus on the core business – the production of road cars.
While recently the head of the team Renault f-1 Cyrille Abiteboul denied the rumors about a possible departure from the series. Now Reno has the obligation to participate in f-1 until the end of 2021.
