March 4 (Bloomberg) -- Renault SA may leave Formula One motor racing if it doesn’t get a bigger share of the sport’s commercial revenue. Renault Chief Operating Officer Patrick Pelata said that to stay in the sport, the carmaker must reduce its overall Formula One bill beyond cost cuts agreed upon among teams in December, after Honda Motor Co. announced its departure.
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Thursday, 5 March 2009
Renault May Leave Formula One Without Funds Increase (Update1)
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