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Renault boss gives three-year timeframe to win

 XPB Images Renault CEO Carlos Ghosn warns it will take three years for the French manufacturer to return to winning ways after deciding to come back as a fully-fledged works team in 2016 After months of negotiations, Renault finally followed up on its September Letter of Intent by completing the takeover of Lotus on Thursday. Meanwhile, Viry-Chatillon will continue to supply engines to Red Bull, though these power units will be badged by TAG-Heuer. In the wake of Renault’s struggles in the 1.6-litre turbocharged era, Ghosn does not expect the Enstone outfit, which was using Mercedes power in 2015, to deliver strong results right out of the gates. “Given how keen our staff...
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