Malaysian Grand Prix 2015: Renault considering F1 exit as managing director Cyril Abiteboul warns they are 'looking at a lot of options'
Red Bull and Toro Rosso currently use Renault engines
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Renault could yet quit Formula One if the French manufacturing giant feels it is not getting value from the sport.
That was the warning from managing director Cyril Abiteboul, who has been embroiled in a war of words these past few days with Red Bull's hierarchy.
Team principal Christian Horner initially let rip after the opening race of the season in Australia earlier this month, claiming power-unit supplier Renault had delivered an "undriveable" system that was 100bhp shy of dominant Mercedes.
Design guru Adrian Newey then claimed there to be "no light at the end of the tunnel" with regard to a power unit that possesses "all sorts of failings".
Abiteboul fired back by declaring Newey as someone "who lies", and being someone now "too old to change", whilst further suggesting Red Bull were equally as culpable for the current demise.
In Friday's FIA press conference ahead of the Malaysian Grand Prix, Abiteboul found himself sat alongside Horner, with the two men doing all they could to bury the hatchet.
Abiteboul, however, made clear F1 has to fit in with Renault's long-term strategy, otherwise they could call it a day.
"I can confirm we are looking at a lot of options, including getting out of Formula One," confirmed Abiteboul.
"Honestly, if F1 is that bad for Renault's reputation, if we see we struggle with the current formula, if F1 is not delivering value (compared to) what it costs Renault - bearing in mind when you are an engine supplier you have no financial incentive to develop and to fund engine development - this is what we are looking at.
"Obviously we think we are a credible player in the sport, but we want to compete amongst the best brands.
"Formula One is good to meet and plan as a brand, so we need to think about what else we can do to what we are doing.
"If you do that, and this is an open market, we have the capacity to have discussions with lots of parties, but for the time being the focus is on engines."
Renault also supply Red Bull's 'sister' team Toro Rosso with power units.
With Toro Rosso team principal Franz Tost also sat alongside Abiteboul, the Austrian made clear he would love to see Renault take over his marque, which is another option speculated upon recently.
"This would be a fantastic opportunity for Toro Rosso to make the next step forward because the team wants to be established in the future within the first five in the constructors' championship," said Tost.
"To be part of a manufacturer, to work together with a manufacturer, to be owned by a manufacturer would be exactly this step forward the team needs to be established in the first five."
PA
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments