News Details
Renault to have Mercedes-sized budget for F1
Renault aim to power back to the front in Formula 1 with a Mercedes-sized annual budget, claims Auto Motor und Sport, following the announcement late last week that the French carmaker has decided to definitely buy Lotus. It should mean the struggling Enstone team's court date over unpaid tax bills on Monday is a mere formality. That is because Renault will reportedly return to full works status with a Mercedes-like budget in the range of 200 to 250 million per year. But the carmaker has been smart about the acquisition. It has retained Gerard Lopez as a shareholder, and secured 70-80 million from Bernie Ecclestone in recognition of Renault's ‘historic' status — meaning...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Renault to pay Lotus debts by end of year
French carmaker Renault aims to complete its takeover of the Lotus...
9y ago from GrandPrix247.com
Renault announcement ‘almost certain'
The Lotus-Renault buyout deal is now almost certain,a nd an announcement...
9y ago from F1Hub.net
Renault are back in F1 as full works team
Renault will return to Formula 1 as a constructor next year after...
9y ago from GrandPrix247.com
Permane: The first year for Renaut will not be easy
Lotus track chief Alan Permane thinks the Enstone team's difficult 2015...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez demands respect for brother Alex Marquez...
Marc Marquez has called for “respect for all” MotoGP riders, after...
3h ago from MotorsportWeek.c...
The winners and losers from MotoGP's Dutch Grand Prix
No description available...
2h ago from Motorsport.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
22h ago from MotorsportWeek.c...
Alex Marquez set for surgery after Dutch MotoGP crash
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
2d ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
3d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
5d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
WRC Acropolis Rally: Ott Tanak ends Hyundai’s...
No description available...
1d ago from Motorsport.com
Why Ott Tanak feared final stage drama could cost his...
No description available...
19h ago from Motorsport.com
FIA investigates WRC retirements due to fuel system...
No description available...
1d ago from Motorsport.com
What was behind the WRC Acropolis retirement that...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Can Arsenal Lift A Trophy In The 2025/26 Season?
There's no arguing that Arsenal are one of the top teams in both England...
1h ago from FreshArsenal.com
Player with 10 goals & 9 assists already in...
Arsenal are closing in on the capture of Martin Zubimendi from Real...
2h ago from CaughtOffside.com
Arsenal latest: 'Gunners make contact with Eze's camp'
No description available...
43m ago from SkySports.com
Arsecast Extra Episode 646 – 30.06.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
1h ago from Arseblog.com
Comments
Hottest News
FIA issue Lando Norris disqualification verdict at Austrian...
The FIA have issued a comprehensive verdict for... Read More »
19h ago from GPFans.com
Little known about Vasseur's paddock exit – report
Jun.30 At the height of raging speculation... Read More »
2h ago from OneStopStrategy.com
Mansour Ojjeh’s iconic McLaren car collection goes up for...
A breathtaking collection of 20 McLaren road... Read More »
2h ago from F1i.com
