Renault confirms F1 quit threat

 Renault confirms F1 quit threat
Reanult R29 launch 2009

As was expected on Wednesday, Renault confirmed that it too is threatening to quit formula one over the budget cap issue.

The Flavio Briatore-led outfit said it is the two-tier element of Max Mosley's 2010 rules that has caused its French parent to "reconsider its entry in next year's" world championship.

In a statement, Renault also complained that FOTA's cost-saving proposals have been "completely ignored", while it also wants "a better balance between the costs and the revenues".

"We remain committed to the sport, however we cannot be involved in a championship operating with different sets of rules, and if such rules are put into effect, we will be forced to pull out at the end of this season," said Renault team president Bernard Rey.

Briatore added: "We refuse to accept unilateral governance handed out by the FIA."

 

Source: GMM

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 Bristol411S3 Bristol411S3
How convenient it woold be for beleagued car manufacturers that the FIA present a reason for them to quit the sport without them having to lose face by admitting they can't afford to continue against poor results...
May 13, 2009 3:35 pm
 alessandro alessandro
FIA or Mosley doesn't realized that men such Di Montezemolo or Briattore are not just their puppets if at all neither Renault and Ferrari will be most dustier corners of their junkyard. Result of that ?40M proposal was not so unpredictable.
May 13, 2009 3:53 pm
 Viking79 Viking79
This shall be Eccelstone's legacy; destroying F1.
May 13, 2009 5:32 pm
 steelerfan2009 steelerfan2009
+1
May 13, 2009 10:46 pm
 Aesthetics Aesthetics
agree with viking, F1 is turning into an entertainment sport series and entertainment means more tv viewing which sees bernie getting richer and richer from his tv rights. the thing is, the reason why they want to cut cost down is for participants not to leave the sport because it is getting too expensive right? so why not give the racers and veniew support who are acrtually materializing the sport their deserved tv money??? then cutting cost would not be a problem. that is why bernie is destroying formula 1, cut cost but tv money goes to him and he divides it with nazi orgy. it is becoming more and more spec series but no one has shouted it out yet. formula 1 can survive without cost cutting and keep all its glory via tv rights but ecclestone is the richest man in britain from raping the sport.
May 14, 2009 12:14 am
 genie genie
Its not just Ecclestone thats destroying F1, its mainly Mosley. This stupid budget cap debacle and how its been handled is solely his fault. Get rid of both of them, its the only way to save F1.
May 14, 2009 12:53 am
 joshg_5 joshg_5
It's like they're all going on strike lol This is union BS...
May 14, 2009 2:33 am
 Iconic Iconic
Max isn't a nazi.. he's a Commy!!
May 14, 2009 10:59 am
 911fnatic 911fnatic
******* idiots. F1 could be so much more without these 2.
May 14, 2009 11:00 am
 Renegade Renegade
The rats always leave a sinking ship....
May 14, 2009 12:37 pm
 WildMaverick1200 WildMaverick1200
So F1 is going down the toilet....it's sad to think that so much tradition and heritage might end this way.
May 17, 2009 6:09 pm