Renault on point of quitting F1: deal with Prodrive under studyRenault is working out a plan to leave Formula 1 before the start of next season, according to L’Equipe newspaper in France. If it goes through, the sport will have lost four major manufacturers in the space of twelve months, including Honda, BMW and Toyota.
A team has been charged by Renault president Carlos Ghosn with making a study into the possibility of striking a deal with Prodrive’s David Richards to take the team on.
Snowy said :
It would be one int the eye for Max (whip me) Mosley. He went to a lot of trouble to keep Dave Richard's out.
http://news.bbc.co.uk/sport1/hi/motorsport/formula_one/8407138.stmThe Renault team will race on in Formula 1 next year after a deal was struck to secure its future, BBC Sport has learned.
The company had considered its future in F1, but sources say its team will continue under new owners with Renault keeping a minority shareholding.
A private announcement to the team is at its headquarters on Friday with an official announcement next week.
The team name is unclear but it seems the car will race as a Renault.