The same thought that crossed my mind after watching the last F1 race must have crossed Renault’s mind. Which is the one where Renault collecting more and more podium finishes, not to mention a capable driver they have in Kubica.
Word is that Renault SA are interested in buying back into the Formula 1 team that they pulled out amid the car sales crisis and the “crashgate scandal”. 85% of the company was supposedly sold to Luxembourg-based investment firm Genii Capital last year.
Under new management, Renault F1 have been doing well, collecting 123 points and fifth placing in the Constructors championship, while Robert Kubica is currently seventh in the Driver’s Championship.
Finnish publication has claimed that Renault SA’s financial situation has improved to a point where the carmaker is interested in returning to F1.
Jacob Mathew Alexander has been a motoring nut for as far as he can remember and has recently turned his passion into writing. After spending some time in the same industry in the UK, Jacob's handy work is from a slightly different perspective.
Sekali mau masuk, sekali mau keluar. If things go downhill again in 2011 or 2012, how?
Dirty move by Renault….sell n now see Genii capital do vr well….now want to buy back….KNS….use bad excuses to took back power…..sour grape….
Renault coming back because of it’s current financial situation has improve, didn’t you read the article?
and Alonso will return to Renault, perhaps?
impossible lah….unless ferrari dun want him anymore…ferrari pay him the highest salary 30m in the F1 sport almst double than the 2008 champion lewis 16m n 2009 champion Jenson 14m…
Go Renault Go
(yeah, I m driving a Renault now)
Genii has proven it knows how to deliver some moderate results. Would a Renault buy back mean that the team progresses or moves backwards? It’s too late in the season to allow Renault to redesign next year’s car. IMHO Renault should buy back only up to 51% of the team and leverage on the direction and expertise Genii has brought in – for the 2011 season at least.
may be renault dont aspect they have potential this year.. how ever i give thumb up for their driver esp. Robert Kubica man of renault.. or to many birocracy in renault?
Don’t really know whether it’s progress or backwards for the team but I think it would be progress for Renault the car maker. One of the reasons is the anticipated new regs for 2013 which is talking about 4cyl 1.6 turbo engines etc which is very relevant to auto makers and I think can be cost effective too for them. I think that is the lure for Renault SA and I think other manufacturers will follow suit. They’ll all come back
Renault definitely should buy back. Kubica is obviously one of the brightest star in current F1… another driver that picked & introduced into F1 by Peter Sauber, after Kimi…
now 1 more new rookie vr talent driver from japan, Kobayashi….impressive performance in last season n current season…if he replace in red bull racing, he might now fighting for title…jz like lewis did when as rookie…