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Renault, Nissan head facing the axe after arrest
Nissan and Renault chairman Carlos Ghosn, who helped engineer Renault's return to F1 as a works team in 2016, is set to be sacked after he was arrested for financial impropriety. Although Ghosn did not play a direct role with the Formula 1 team, he was the man with the final say as Renault Sport president Jerome Stoll reported directly to him. He was a key supporter of the French manufacturer's return to F1 as a works team, saying at the time they can either 'come back at 100 percent or leave.' He opted for the 100%. However, the face of Renault and Nissan is set to change in the coming days after Ghosn was arrested for alleged violations of Japanese financial laws. An internal...
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7y ago from PlanetF1.com
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