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Renault is not leaving Formula 1 – CEO
May 29 Renault CEO Luca de Meo has declared once again that the Alpine Formula 1 team is safe in the French carmaker's hands. From the outside, the Enstone based outfit has appeared utterly chaotic in recent years. Key staff have rapidly departed and been replaced, the works engine project is being axed, Flavio Briatore assumed a position of power, and highly controversial driver changes are occurring. Amid the disorder, rumours that controlling shareholder Renault might pull the plug completely have raged – even though CEO de Meo has consistently denied them. At the presentation of the new Alpine A390 electric SUV, the 57-year-old CEO fielded yet another question about the future...
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