Renault CEO: "We will not sell" Alpine F1 team despite struggles

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Luca de Meo says "we are not here to be P16" and "it would be stupid" to back out of Formula 1

Renault Group boss Luca de Meo has vehemently denied that he has any plans to sell the beleaguered Alpine F1 team, either entirely or in part. The Oxfordshire-based team has struggled this season, and is currently ninth in the constructors’ championship with just two points – courtesy of a pair of tenth place finishes. That has led to reports in F1 circles that Renault was considering selling the outfit.

That’s the challenge. But we will do everything necessary to be a competitive team.” Talking about his ultimate expectations, De Meo called for improvement: “I expect a much better performance from the team. We are not here to be P16; we should be in the mix as often as possible. Sometimes you’re second, sometimes you’re fifth, but that should be our level.

 

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