News Details
Did Ricciardo see the writing with Renault's $2.2b cuts
Daniel Ricciardo may have jumped off the Renault ship before it sunk with the carmaker set to unveil a plan to cut costs by $2.2 billion. With the world in the midst of an unprecedented financial crisis, even big manufacturers such as Renault is feeling the pinch. A pinch that the company, and the French government which owes a 15% stake in Renault, need to lessen. Reuters is reporting that ‘at the end of May, Renault plans to outline 2 billion euros ($2.2 billion) of spending cuts over the next three years after booking its first loss in a decade last year.' The company's factories are under threat with Renault considering closing three of its French sites: Choisy-le-roi, Dieppe and...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Abiteboul hints Ricciardo's confidence in Renault had...
Renault team boss Cyril Abiteboul says Ricciardo's departure at the end...
5y ago from FormulaSpy.com
Russell ‘a little bit jealous' seeing his mates...
Williams Formula 1 driver George Russell admitted he's a 'little bit...
5y ago from MotorsportWeek.com
Abiteboul takes parting shot at Ricciardo
Renault boss Cyril Abiteboul has directed some veiled criticism at his...
5y ago from GrandPrix247.com
Ferrari are ‘mad' if they pushed Vettel out says...
Formula 1 champion Jenson Button says it would be 'madness' if rumours...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
13h ago from MotorsportWeek.c...
Brad Binder admits he “can do a lot better” after...
No description available...
14h ago from Motorsport.com
Rain spoils debut of Honda’s 850cc engine in Sepang...
No description available...
18h ago from Motorsport.com
Davide Tardozzi dismisses “absurd” rumours about...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
3d ago from MotorsportWeek.c...
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
4d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
12h ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
3d ago from MotorsportWeek.c...
Toyota brings Corolla back to rallying with all-new...
No description available...
4d ago from Motorsport.com
Romet Jürgenson to compete in opening three WRC2...
The rising Estonian talent is joined by co-driver Siim Oja and start...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal and Chelsea set to battle it out for...
Arsenal and Chelsea are reportedly interested in signing the Marseille...
5h ago from CaughtOffside.com
'He's been a ghost lately', 'Unreal how mid he is' -...
Arsenal fans on X are tearing into Eberechi Eze for his performance during...
4h ago from SportsKeeda.com
Arrizabalaga Arsenal’s shootout hero at expense of...
s competition may not be Mikel Arteta or Oliver Glasner’s top priority...
5h ago from TheGuardian.com
Every penalty from Arsenal v Crystal Palace shootout!
Every penalty from the quarter-final shootout between Arsenal and Crystal...
5h ago from SkySports.com
Comments
Hottest News
F1 MATHS: The new terms fans need to get used to in 2026
Ahead of Formula One's major technical overhaul... Read More »
4h ago from F1Technical.net
How Max Verstappen avoided paying massive bill at the F1...
Max Verstappen revealed how he got away with not... Read More »
7h ago from GPFans.com
Red Bull F1 chief has role ‘terminated' days...
Former Red Bull F1 chief Helmut Marko has been... Read More »
6h ago from GPFans.com
