Renault CEO Stands Firm: Alpine F1 Team Not for Sale

Renault CEO Stands Firm: Alpine F1 Team Not for Sale

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Renault Group CEO Luca de Meo remains defiant that the marque’s Alpine Formula 1 squad is not up for sale amid its poor run of form. Alpine has taken multiple backward steps in recent years amid a revolving door policy regarding senior personnel. The underperforming A524, scorer of just five points across the opening nine […]

Recently, Alpine has faced setbacks due to changes in senior personnel and the underperforming A524. Speculation arose about Renault potentially selling its F1 team, but CEO de Meo denied any intention of giving up on it. Despite rumors, de Meo is reportedly considering selling Alpine’s F1 power unit operation in favor of a more competitive alternative. He acknowledges Alpine’s history of struggling in the hybrid era and aims to improve their performance through recruiting top talent and fostering a winning mindset within the team. De Meo emphasizes the importance of cooperation and trust to enhance Alpine’s position in F1 and expresses determination to elevate the brand’s presence in the sport.

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