P1racenews AI automatic summary:
Alpine has endured a turbulent start to the 2024 Formula 1 season, prompting suggestions that the team could look to bow out of the grid.
Renault CEO Luca de Meo emphasized that the Alpine Formula 1 team is not for sale despite receiving multiple offers from prospective buyers. The team’s lackluster performance in the 2024 F1 season, with only two points in the first eight races, has led to changes in management and upcoming driver lineup alterations. De Meo stated firmly that Renault has no intention of selling any part of the team in the near future, emphasizing the commitment to improving Alpine’s competitiveness. Despite acknowledging Alpine’s current struggles, de Meo believes in the team’s potential and the backing of the Renault Group for future success in Formula 1. The CEO expressed determination to work hard, learn from mistakes, and elevate Alpine’s performance, highlighting the brand’s racing heritage and the opportunity to excel in the sport.
