Imagine you're running an F1 team. You're spending millions to shave precious pounds off the car's weight. And then you hire a driver who's carrying an extra few pounds around the middle, and the advantage is lost.
A few weeks back, Toyota announced its departure from Formula One, and it looked like Renault could follow. The team had lost its drivers, its team leaders, its sponsors and its reputation. The French automaker's board convened in France to discuss the matter, but no announcement followed, leaving everyone scratching their heads. Well if the latest rumors hold any truth, we could have our reason.
Things have never been this bad for the Renault F1 team. Their performance is light-years behind where it used to be, their star driver is bolting once again, their top management has been thrown out of the sport in disgrace, and its biggest sponsors are leaving en masse. And now, following months if not years of speculation, the French automaker could be preparing to cut its losses and shut down its racing team altogether.
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models