Renault ends Formula 1 engine development, shifts Alpine F1 to a customer deal with Mercedes due to financial concerns.

Renault has decided to discontinue its Formula 1 engine development and shift Alpine F1 to a customer deal with Mercedes, citing financial concerns. CEO Luca de Meo criticized Alpine's current performance and emphasized profitability over production costs. Despite internal discontent, he asserted that the Alpine team is not for sale and remains vital for the brand's image. Renault aims to cut costs while maintaining its presence in F1, with plans for a revitalized approach.

October 06, 2024
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