Formula One: Renault Officially Delays Decision

  Despite Renault managing director Jean-François Caubet’s insistence that the team will remain in Formula One, the official line is this: We haven’t decided. Reuters has the word from a higher source than Caubet—Chief Executive Carlos Ghosn. Here’s the Reuters report : PARIS, Nov. 5 (Reuters)—French carmaker Renault (RENA.PA) said on Thursday it would decide by the end of the year whether to stay in Formula One following Toyota’s exit from the sport. “You will have to be patient,” Renault Chief Executive Carlos Ghosn told reporters. “We will make an announcement on our participation in Formula One before the end of the year.” Toyota announced on Wednesday it was quitting the sport, less than a year after Japanese riv...

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