Motorsport Week
  • Formula 1
    • 2025 Formula 1 Calendar
    • 2025 Formula 1 Standings
  • Formula E
    • 2025 Formula E Calendar
    • 2025 Formula E Standings
  • IndyCar
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WRC
    • 2025 WRC Standings
    • 2025 WRC Calendar
  • MotoGP
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
  • WEC
    • 2025 WEC Calendar
  • IMSA
    • 2025 IMSA Calendar
  • World SBK
  • More
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
    • Technical Insight
    • Galleries
    • About/Contact
    • Privacy Policy
No Result
View All Result
  • Formula 1
    • 2025 Formula 1 Calendar
    • 2025 Formula 1 Standings
  • Formula E
    • 2025 Formula E Calendar
    • 2025 Formula E Standings
  • IndyCar
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WRC
    • 2025 WRC Standings
    • 2025 WRC Calendar
  • MotoGP
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
  • WEC
    • 2025 WEC Calendar
  • IMSA
    • 2025 IMSA Calendar
  • World SBK
  • More
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
    • Technical Insight
    • Galleries
    • About/Contact
    • Privacy Policy
No Result
View All Result
Motorsport Week

Renault approves increased budget to boost performance

by
9 years ago
A A
0
Share on FacebookShare on Twitter

The Renault Sport F1 team has received a major boost to its budget as it seeks to move up the order in its second season, whilst accelerating its original five-year plan to win races and championships.

Following its takeover of the Lotus outfit late last year, Renault put in place a plan which would see it capable of winning championships from 2020 onwards.

However following a parent group board meeting, an increased budget for the team has been agreed, with the hope that on-track success will come sooner, according managing director Cyril Abiteboul.

"Talking about investment, the one thing we are doing is bringing forward our plans and increasing the total package," Abiteboul told Autosport.

RelatedPosts

Power lamented the loss of talented people within the team. Photo: Kevin Dejewski

‘A shock and a pity:’ Penske drivers respond to team penalties and firings

11 hours ago
The Empire strikes back – Nasser Al-Attiyah wins stage 3

The Empire strikes back – Nasser Al-Attiyah wins stage 3

12 hours ago

"We had put together a five-year plan, with an investment package, but a couple of weeks ago we had approval to increase that package and bring it forward.

"What we want is to make a difference as quickly as possible, and for that there is no better way than to accelerate what we need to do over the five-year plan."

That has already begun to pay dividends according to Abiteboul, with their 2017 car already delivering big gains in the wind tunnel.

"Each time we are putting the 2017 car into the windtunnel there are big steps, a big, big chunk of downforce, which will ultimately bring laptime, so it's good," he concluded.

Share197Tweet123Share

Related Posts

Power lamented the loss of talented people within the team. Photo: Kevin Dejewski
IndyCar

‘A shock and a pity:’ Penske drivers respond to team penalties and firings

11 hours ago
The Empire strikes back – Nasser Al-Attiyah wins stage 3
Rallying

The Empire strikes back – Nasser Al-Attiyah wins stage 3

12 hours ago
Lando Norris has downplayed Red Bull's pace at slow speed
Formula 1

Lando Norris dismisses perceived Red Bull 2025 F1 weakness

13 hours ago
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You can manage the subscriptions of this post.

Latest News

Power lamented the loss of talented people within the team. Photo: Kevin Dejewski

‘A shock and a pity:’ Penske drivers respond to team penalties and firings

May 22, 2025
The Empire strikes back – Nasser Al-Attiyah wins stage 3

The Empire strikes back – Nasser Al-Attiyah wins stage 3

May 22, 2025
Lando Norris has downplayed Red Bull's pace at slow speed

Lando Norris dismisses perceived Red Bull 2025 F1 weakness

May 22, 2025
Motorsport Week

© 2024 Motorsport Media Services Ltd

Other Links

  • About & Contact
  • Privacy Policy
  • Motorsport Monday

Follow Us

No Result
View All Result
  • Login
  • Sign Up
  • Home
  • Formula 1
    • Latest News
    • 2025 F1 Calendar
    • 2025 F1 Championship Standings
  • Formula E
    • Latest News
    • 2025 FE Calendar
    • 2025 FE Championship Standings
  • MotoGP
    • Latest News
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
    • World Superbikes
  • WRC
    • Latest News
    • 2025 WRC Calendar
    • 2025 WRC Standings
  • IndyCar
    • Latest News
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WEC
    • Latest News
    • 2025 WEC Calendar
  • Live Updates
  • Other
    • IMSA
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
  • Galleries
  • About/Contact
  • Privacy Policy

© 2024 Motorsport Media Services Ltd