Register | Sign in

Home
News
Drivers
- Current Drivers
- Max Verstappen
- Daniel Ricciardo
- Lando Norris
- Pierre Gasly
- Sergio Perez
- Fernando Alonso
- Charles Leclerc
- Lance Stroll
- Kevin Magnussen
- Yuki Tsunoda
- Alexander Albon
- Guanyu Zhou
- Nico Hulkenberg
- Esteban Ocon
- Franco Colapinto
- Lewis Hamilton
- Carlos Sainz
- George Russell
- Valtteri Bottas
- Oscar Piastri
- Test/Reserve Drivers
Teams
Tracks
Seasons
Pictures
- Latest Galleries
- 2024 Sao Paulo GP
- 2024 Sao Paulo Sprint
- 2024 Sao Paulo Practice
- 2024 Mexico City GP
- 2024 Mexico Saturday
- 2024 Mexico Practice
- 2024 United States GP
- 2024 United States Saturday
- 2024 United States Friday
- 2024 Singapore GP
- Gallery Categories
- 2024 Season
- 2023 Season
- 2022 Season
- All galleries
Stats
JOHNNYBET

Renault in quit warning

NEWS STORY
04/03/2009

Renault's Chief Operating Officer Patrick Pelata has warned that his company could quit F1 unless there is a significant reduction in costs and an equally significant increase in the amount given to the teams by the sports owners.

"We' are seeking to bring down contract costs and receive more of the revenues" said Pelata said in an interview with Sport Business International at the Geneva Motor Show.

"We want to remain part of the emotion and the spectacle of Formula One," he added, "but there are really no taboos if talks fail."

The warning comes ahead of tomorrow's FOTA press conference at which the teams and manufacturers that comprise the Formula One Teams' Association will outline their vision for the sport's future, which no doubt includes a bigger slice of the 'F1 cake'.

Our sources tell us that there has been frenzied activity behind the scenes at FOTA, with the various team Press Officers and PR bods all seriously involved.

Indeed, we hear that the various Press Officers and senior PR people attended a meeting on Monday, though at least three teams cried off.

We also hear that McLaren's Matt Bishop is enjoying a prominent role.

LATEST NEWS

RELATED ARTICLES

LATEST IMAGES

Click to go to the main galleries section

POST A COMMENT

sign in

or Register for a Pitpass ID to have your say

Please note that all posts are reactively moderated and must adhere to the site's posting rules and etiquette.

Post your comment

Sign in or register for a Pitpass ID to leave a comment here!

post comment

READERS COMMENTS

No comments posted as yet, would you like to be the first to have your say?

Share this page

X

close

Copyright © Pitpass 2002 - 2024. All rights reserved.

about us | advertise | contact | privacy & security | rss | terms