Formula One news

Renault committed to future in Formula 1

Renault's President Carlos Ghosn has admitted that the French car manufacturer has long term plans in Formula One. Last year rumours said the team might not remain in the highest level of autosport because of the budget that was needed to be successful. But after clinching the title twice in a row Renault seems committed to F1.

"We are in Formula 1 to stay, and we have made that clear," said Ghosn. "New regulations will come into force from 2007 and in the following years, and we are familiar with them as we played a role in framing them. I think these regulations will, in time, help us to offer the public a better show, and bring even more intense competition between the manufacturers."

"For Renault, this is an investment - and an investment that aids the growth of the Renault brand and Renault's products."

more news

• 07 Jan.
  • Ecclestone reveals September deadline for Donington
  • Ferrari willing to supply 'Honda' with engines
  • Brawn says Honda won't test before season
• 06 Jan.
  • Ferrari to use electronic pitstop system in 2009
  • Kubica to start karting team
  • Webber's recovery going well
  • Ferrari to reveal new car next week
  • Stewart hits out at Ecclestone and Mosley
• 05 Jan.
  • Red Bull's RB5 to debut in February
  • Suspended sentence and fine for Verstappen
  • Berger confirms Buemi for STR
• 04 Jan.
  • Kubica expecting more accidents
• 03 Jan.
  • Encouraging news for Donington
• 02 Jan.
  • Di Resta still hopeful of F1 drive
  • "Title loss would have damaged Hamilton's reputation"
• 01 Jan.
  • Hakkinen supports medals system
• 31 Dec. '08
  • Kubica: Next year is a big challenge
  • Hakkinen: Vettel will soon be a Formula 1 champion
  • Hamilton receives MBE award
  • Heidfeld expects more accidents in 2009
• 30 Dec. '08
  • Hamilton to join Madame Tussauds
  • Ecclestone: Button should take a sabbatical
  • Manager: Alonso would love to join Ferrari one day
  • Changes at Toro Rosso
• 29 Dec. '08
  • Hamilton to miss victory parade in Woking
  • Alonso to join Ferrari in 2011?
  • Mexican billionaire denies Honda bid
• 28 Dec. '08
  • Mexican buyer for Honda?
• 27 Dec. '08
  • F1 drivers positive on Algarve circuit
• 26 Dec. '08
  • Montezemolo says KERS introduction is a mistake
• 25 Dec. '08
  • Season's greetings from GPUpdate.net
• 24 Dec. '08
  • Massa against proposed pay cut
  • Ferrari undecided over Schumacher future
  • Karthikeyan not interested in joining Force India
  • Mosley: Finding a successor won't be easy
  • Ecclestone won't split teams - Howett
  • Mosley may still try to continue
• 23 Dec. '08
  • WSR team Draco teams up with Force India
  • Howett: Ecclestone not able to split FOTA
  • Toyota committed to Formula 1

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