Renault to Stay in Formula 1

Renault’s managing director Jean-François Caubet insists the can maker is fit to stay in F1 for 2010. “We have already contracted our drivers, had our budget approved, and are enrolled in the world championship,” Caubet told daily sports newspaper L’Équipe . “Season 2010 has begun already. We will not be world champions in 2010, but we do have hopes to be much improved.” While this is certainly the decision many in F1 want to hear, there is no official statement from the team as of yet. It seems logical that Renault would discuss their future in F1 as their results have been very dismal and the 2008 Singapore race-fix incident cost them dearly. Toyota’s announcement of their departure from F1 effective immediately may have g...

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