P1racenews AI automatic summary:
Alpine would have “collapsed” in “two years” without the decision to abandon the Renault F1 engine programme beyond 2025, according to CEO Luca De Meo.
Alpine announced last month that Renault will stop producing the power unit it was working on after F1’s regulations change in 2026. CEO De Meo cited Alpine’s financial losses as a key factor in the decision. The team’s downward spiral and poor performance in recent seasons prompted the shift to using Mercedes powertrains as a customer team. De Meo emphasized the need for drastic changes to avoid project collapse. He denied rumors of selling the Enstone-based squad and stressed the importance of Alpine’s presence in F1 for brand credibility and reputation among fans.