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Plex Zorce Jedi Master
Joined: 01 May 2005 Posts: 9039 Location: T&T
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Posted: Mon Feb 19, 2007 9:15 am Post subject: Renault withdraw from GPMA |
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World Champions Renault have withdrawn from the Grand Prix Manufacturer�s Association with immediate effect.
Renault had been one of the leading lights of the GPMA since it's formation with the intent to form a manufacturer-run breakaway series to rival Formula One.
But, following a series of resolutions between Formula One's rulemakers the FIA and the manufacturers over the level of a number of contentious commercial and technical issues, the French manufacturer have decided their interests are better served apart from the group.
A statement issued by the Renault board read: "Renault believes that in order to achieve constructive dialogue with the FIA on the future direction of the sport, it is important to work in consultation with all manufacturers participating in Formula 1, including Ferrari and Toyota.
"Renault has reinforced its long-term commitment to the sport through an engine supply deal with Red Bull Racing beginning in 2007, and looks forward to collaborating with its fellow manufacturers and the FIA on a future vision for the sport that will produce an improved on-track show and generate meaningful cost reductions for the long-term sustainability of the sport."
Renault become the second manufacturer to quit the GPMA after Toyota made the same decision last Autumn.
EuroSport.com |
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Rory Phoulorie Zorce Jedi Knight
Joined: 26 Jan 2007 Posts: 1698
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Posted: Mon Feb 19, 2007 11:10 am Post subject: |
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F1 = politics, politics and more politics, and some very good racing
FIA = Ferrari In Charge |
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Plex Zorce Jedi Master
Joined: 01 May 2005 Posts: 9039 Location: T&T
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Posted: Mon Feb 19, 2007 4:54 pm Post subject: |
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With Renault being second to withdraw from GPMA who knows who next.. |
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