Formula 1 crisis: Renault fires, Williams sells – La Gazzetta dello Sport

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The French announce 15,000 redundancies, the English team is looking for a buyer. But the budget cap could attract new brands

Renault launches its survival plan, based on cuts of over 2 billion euros in three years, but confirms its commitment to Formula 1 with an official team. The words spoken yesterday by Clotilde Delbos, “interim” general manager of the French brand, remove the specter of a forced farewell from the team of Cyril Abiteboul and Alain Prost at the end of the season: “We will remain in F1, with a team that will be rebuilt . The fact that the category has introduced a cap on costs is great news for us. ”



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https://www.gazzetta.it/Formula-1/30-05-2020/crisi-formula-1-renault-licenzia-williams-vende-3701405725191_preview.shtml

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