16/02/2007
NEWS STORY
Renault has today informed the Grand Prix Manufacturers' Association (GPMA) that it has left the organisation with immediate effect.
Renault believes that in order to achieve constructive dialogue with the FIA on the future direction of the sport, it is important to work in consultation with all manufacturers participating in Formula 1, including Ferrari and Toyota.
Renault has reinforced its long-term commitment to the sport through an engine supply deal with Red Bull Racing beginning in 2007, and looks forward to collaborating with its fellow manufacturers and the FIA on a future vision for the sport that will produce an improved on-track show; and generate meaningful cost reductions for the long-term sustainability of the sport.
Renault was one of the original founders of the GPMA.