Renault CEO Luca de Meo said the company’s shareholders planned to shorten its Formula 1 entry program in 2020, but convinced them to continue with their performance.
“When I took over the company, I was told to close the Formula 1 program,” de Meo said at the Le Journal dell’Automobile Man of the Year awards ceremony. – This would draw a line under our 40 years of involvement in the sport. I resisted because I didn’t want to be the person who would take our company out of Formula 1.
Together with Red Bull, Ferrari and Mercedes we are the top four in Formula 1. Many consider the championship a waste of money, but racing is fundamental to promoting our brand around the world.
When we talk about the speed of the car, we are in the top three. The arrival of Otmar Safnauer strengthened the management structure of the team. We have a long-term participation program. Last October, Alpine boss Laurent Rossi talked about plans to win 100 races, but in Formula 1, you don’t know for sure, because luck is also important.
We will create the conditions for victory, but there is no guarantee that the history of the PSG football club will not repeat itself. They win in France, but are always eliminated in the Champions League.
Source: F1 News
I’m Todderic Kirkman, a journalist and author for athletistic. I specialize in covering all news related to sports, ranging from basketball to football and everything in between. With over 10 years of experience in the industry, I have become an invaluable asset to my team. My ambition is to bring the most up-to-date information on sports topics around the world.
