Renault Shifts Gears: Alpine to Race with New Engines as F1 Legacy Ends

Renault's withdrawal from Formula One engine production highlights strategic shifts, prioritizing investment in the Alpine team. CEO Luca de Meo confirms that Alpine remains not for sale and aims to enhance its competitiveness with engines from other manufacturers, primarily focusing on branding and credibility in the auto racing world.


Devdiscourse News Desk | Paris | Updated: 04-10-2024 17:01 IST | Created: 04-10-2024 17:01 IST
Renault Shifts Gears: Alpine to Race with New Engines as F1 Legacy Ends
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Renault is set to conclude its iconic Formula One engine production after the next season due to financial reasons. Chief Executive Luca de Meo assured that their Alpine team, considered a 'family jewel,' will not be sold. Instead, starting in 2026, the team will race with a power unit provided by another manufacturer, likely Mercedes.

This decision ends a near 50-year legacy of Renault engines in F1, signaling a strategic pivot after powering various teams to 12 constructors' titles. De Meo cited financial considerations, noting the annual 200-250 million euros cost of production, in contrast to less than $20 million for engines from a different supplier.

De Meo emphasized the importance of F1 in maintaining the Alpine brand's credibility, despite challenges including a disjointed manufacturing setup. Although there have been rumors of possible ownership changes, De Meo dismissed these claims, reiterating the brand's commitment to its Formula One endeavors.

(With inputs from agencies.)

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