Ferrari holds firm in world economic crisis

In a difficult economy, Ferrari seems to be holding its own. This according to the Italian luxury sports car maker at its board meeting to review the 2009 financial results. Across vertical industries the recurring theme has been a 20-35% reduction in revenues and that is no different in the luxury sports cart [...]

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Renault to stay in F1

Renault’s managing director Jean-François Caubet insists the 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 [...]

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“WITNESS X’ TAKES BRIATORE / SYMONDS DOWN!

The FIA has released the evidence used to render a verdict against Renault F1, Flavio Briatore and Pat Symonds yesterday at the extraordinary meeting of the World Motor Sport Council. Among the evidence is a majority of the documents the FIA felt compelled to leak to the press a week or so prior the [...]

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Alonso, Piquet and Briatore expected at WMSC tomorrow

The Telegraph’s Tom Cary wrote today that there have been some twists in what we all assumed was a hearing between the WMSC and Renault on Monday. IT now appears, according to Tom, that Flavio Briatore, Fernando Alonso and Nelson Piquet Jnr have all been asked to attend.
Technically Briatore does not work at Renault [...]

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Renault’s Ghosn Meets With Briatore

Autoweek says that Renault boss Carlos Ghosn has called F1 team boss Flavio Briatore back to Paris today for a meeting regarding the allegations of race-fixing the 2008 Singapore Grand Prix. If Autoweek’s sources are correct, it seems that Renault could be building a redoubt against the allegations as well as legal considerations against [...]

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