News Details
Did Ricciardo see the writing with Renault's $2.2b cuts
Daniel Ricciardo may have jumped off the Renault ship before it sunk with the carmaker set to unveil a plan to cut costs by $2.2 billion. With the world in the midst of an unprecedented financial crisis, even big manufacturers such as Renault is feeling the pinch. A pinch that the company, and the French government which owes a 15% stake in Renault, need to lessen. Reuters is reporting that ‘at the end of May, Renault plans to outline 2 billion euros ($2.2 billion) of spending cuts over the next three years after booking its first loss in a decade last year.' The company's factories are under threat with Renault considering closing three of its French sites: Choisy-le-roi, Dieppe and...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Abiteboul hints Ricciardo's confidence in Renault had...
Renault team boss Cyril Abiteboul says Ricciardo's departure at the end...
5y ago from FormulaSpy.com
Russell ‘a little bit jealous' seeing his mates...
Williams Formula 1 driver George Russell admitted he's a 'little bit...
5y ago from MotorsportWeek.com
Abiteboul takes parting shot at Ricciardo
Renault boss Cyril Abiteboul has directed some veiled criticism at his...
5y ago from GrandPrix247.com
Ferrari are ‘mad' if they pushed Vettel out says...
Formula 1 champion Jenson Button says it would be 'madness' if rumours...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati carries out 850cc MotoGP bike shakedown at...
No description available...
16m ago from Motorsport.com
Pedro Acosta fears intense MotoGP format means shorter...
No description available...
7h ago from Motorsport.com
Shoulder injury pushes Marc Marquez into his...
No description available...
1d ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
OpenAI expands partnership with Chip Ganassi Racing to...
No description available...
56m ago from Motorsport.com
IndyCar representatives visit the Goiânia Raceway and...
No description available...
1d ago from Motorsport.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
3d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Croatia: Driver crashes… then sits down for...
No description available...
17h ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
1d ago from MotorsportWeek.c...
Devastated Thierry Neuville vows to "come back...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal eye move for high-calibre La Liga star who has...
Oscar Mingueza is set to leave Celta Vigo at the end of the season, and a...
26m ago from CaughtOffside.com
“I’m not serious about anything in life” -...
Manchester City fan Tal Rehman has revealed how he got hold of an Arsenal...
1h ago from SportsKeeda.com
Michael Owen explains why he still thinks Arsenal will...
Former Liverpool forward Michael Owen reckons Arsenal will edge Manchester...
26m ago from SportsKeeda.com
“Most entitled bunch I’ve ever seen” - Rio...
Rio Ferdinand has slammed Arsenal fans for booing after their defeat...
2h ago from SportsKeeda.com
Comments
Hottest News
Martin Brundle takes aim at 'utter clickbait nonsense'
Martin Brundle has set the record straight about... Read More »
56m ago from RacingNews365.com
F1 champion to reunite with title-winning car for Williams...
Williams Formula 1 legend Damon Hill is to... Read More »
56m ago from MotorsportWeek.com
Limit harvesting at Eau Rouge, says Coulthard amid F1...
As Formula 1 grapples with the unintended... Read More »
46m ago from F1i.com
