Eric Silbermann: A winter's tailwind
Use the red tabs on either side of the screen to scroll through more Formula One news and features
Renault have formally begun the process of installing new directors at the helm of its Formula 1 squad following the takeover of the Lotus F1 Team from previous owner Genii Capital Group.
Renault announced in December that Jérôme Stoll had been nominated as President of Grigny (UK) Ltd, a subsidiary of the French manufacturer which will operate the F1 team, while Renault Sport F1 managing director Cyril Abiteboul will remain as a director of the entity.
Former Lotus F1 Team owner and CEO of Genii Capital Gérard Lopez will retain a 10% interest in the new structure.
This week, Renault announced that on December 18, it had added to Grigny's board of directors both Cyril Abiteboul and Renault Group's director of financial operations Thierry Cognet (pictured above with Abiteboul).
The newly appointed directors replace Genii's Eric Lux and Lotus F1 investor Andrew Ruhan, who both resigned from their directorship back in December.
It is expected that Renault will divulge in early February the entire organisation structure for its F1 outfit as well as its commercial partners, its formal name change from Lotus to Renault and the livery of its new Grand Prix contender.
McLaren legend Tyler Alexander dies aged 75
Eric Silbermann: A winter's tailwind
Use the red tabs on either side of the screen to scroll through more Formula One news and features
Charles Leclerc admits that adding Adrian Newey to Ferrari’s already “incredible” team would be “amazing”,…
Carlos Sainz admits that the Volkswagen group’s success in motorsport – be it with VW,…
Daniel Ricciardo was expecting a ‘clear the air’ talk with Lance Stroll after the latter’s…
Max Verstappen says he respects Adrian Newey’s decision to part ways with Red Bull but…
We’re on the eve of another adrenaline-pumping weekend of action in Florida, with Formula 1's…
Sergio Perez believes Red Bull Racing will be in a great place despite the departure…