Wednesday, December 9, 2009

Renault F1 Team: Torn between two buyers!

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Renault could end its time as a full fledged constructor in F1, but is torn between two possible buyers for its team รข€" UK-based Prodrive and Luxembourg investment fund Genii Capital, according to Autosport.

Sources claim that Genii Capital"s plan is to take financial control of the team, but for it to be called Renault for at least another 2 years. Gerard Lopez has agreed to incorporate the Renault Driver Development programme into his Gravity Sports Management company, should he take over the team. France"s Le Parisien suggests that both Bernie Ecclestone and Renault CEO Carlos Ghosn favour this route.


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