Renault considering F1 future amid boardroom turmoil
Renault has confirmed that its involvement in Formula 1 will come under internal scrutiny as the world's largest car-maker looks to the future.
Away from the racetrack, Renault has gone through a turbulent period, with former CEO Carlos Ghosn arrested last year over claims of financial misconduct and his replacement Thierry Bollore recently voted out of the role by the board of directors.
Ghosn was crucial in leading Renault's return to F1 in 2016, although the company's investment has not resulted in a significant return on the track as yet.
Renault remain without a pole position, race win or even podium since returning to F1 and have this year seen ambitions of catching the top three teams on the grid – Ferrari, Mercedes and Red Bull – fall short, with fifth likely the limit of their ambitions.
Interim CEO Clotilde Delbos discussed Renault's ownership of the Alpine brand and its F1 team in a conference call with investors following the recent publication of financial results.
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