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الاثنين، 1 مارس 2010

Renault intends to withdraw from the world of Formula One



French Renault company plans to sell off most of the auto industry contributed to the Renault team and withdraw from the world of Formula One racing cars, according to newspaper "Le Parisien" French said Tuesday.

The newspaper pointed out that Carlos Ghosn, president of the company and agreed to withdraw from the world of Formula One, during a recent meeting of the Board of Directors also agreed to sell most of the Group has contributed to some investors.

Has completed the sale before next Tuesday to announce by the company in the next day (Wednesday).

The British Broadcasting Corporation "me. Me. C" that Renault may retain 25 percent of the shares of the team.

It is reported that two economic areas, one in Luxembourg and the second in the UK are ahead of investors willing to buy the team.

The newspaper pointed out that Renault does not seek to profit from the sale but seeks only to come out in a respectful manner from the world of Formula One.

And participates in the Reno World Championships (Grand Prix) for the Formula One since 2002 after the company bought the Benetton team for $ 120 million.

The team won the trophy for the category of drivers in 2005 and 2006, led by Spaniard Fernando Alonso, who spent the later years in the McLaren Mercedes before returning to Renault.

In addition to this, Flavio Briatore, was forced to resign from the post of Chairman of the Group in September Seetmbr the past because of the Panel instructed the driver Nelson Piquet of the collision in his car during the Singapore Grand Prix in 2008 in order to help a colleague Alonso win the race, which was revealed by Beckett after his dismissal from the team.

And if he retained Renault's share of the secondary contributed to a team is likely to continue to race cars next season under the name of Renault as well.

And signed Polish driver Robert Kubica's contract with Renault was driving a team in the new season 2010.


Source: agencies

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