ARTICLES, FEATURED, FORMULA ONE NEWS, THE GRAPEVINE - Thursday, November 5, 2009 9:21 - 0 Comments

Renault Mulls F1 Pull Out For 2010

Renault is pondering limiting its involvement in or withdrawing from Formula 1 for 2010.

Just days after Toyota announced that it had made an about face and was planning to pull out of Formula 1 before the 2010 season, another manufacturer might on its way out the door. The Guardian reports that French car maker Renault held emergency talks on Wednesday to discuss its Formula 1 options for next season, including reductions in involvement ranging from reducing its commitment as an engine supplier or withdrawing entirely.

Reuters today reported that Renault will be making a final decision on its Formula 1 future by the end of the year.

“You will have to be patient,” Renault Chief Executive Carlos Ghosn told reporters on Thursday. “We will make an announcement on our participation in Formula 1 before the end of the year.”

Renault’s 2009 season ended in a furor over allegations of race fixing that led to a suspended permanent ban and a lifetime ban for former principle Flavio Briatore.