Renault commit to Formula One

Renault have confirmed their intention to remain in Formula One for the foreseeable future.

Renault commit to Formula One
Wed, 16 Dec, 2009 - 13:01

Renault have confirmed their intention to remain in Formula One for the foreseeable future.

However, as expected, they are to sell a large stake of the team - understood to be 80% - to Genii Capital, a Luxembourg-based firm specialising in new technologies, brand management and motor sport.

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