Renault held engine deal talks with 'potential' F1 entrants

Alpine government director Marcin Budkowski says that Renault has held talks with “potential” F1 entrants over a possible engine provide deal.

Since McLaren’s swap to Mercedes energy at the beginning of the 2021 season, Alpine is the one crew on the grid to depend on the engines of mum or dad firm Renault.

Budkowski says that there have been talks with events which have publicized there curiosity in getting into Components 1, whereas Renault has additionally held conversations with the promotors of potential initiatives that haven’t been publicly divulged.

“There are people who find themselves thinking about getting into the game,” stated Budkowski, quoted by The Race.

“A few of them have made themselves public and have been lined within the press over the previous couple of years. A few of them haven’t regarded for publicity or public information.

“There’s lots of people thinking about Components 1 as a result of it’s a terrific sport and hopefully it can grow to be a sustainable and perhaps worthwhile enterprise with the price cap and improved prize fund.

“So there’s a number of curiosity. We now have talked to potential entrants. In the mean time it hasn’t actually borne fruit when it comes to a brand new entrant.”

Groupe Renault CEO Luca de Meo with Marcin Budkowski

The 2 important publicly recognized initiatives which have been lined by the media up to now are the Panthera Group Asia F1, spearheaded by Tim Milne and Benjamin Durand, and the Monaco F1 Racing Group that was in search of a partnership with Campos Racing.

Nevertheless, there was no current replace on the standing of the initiatives.

As a reminder, any new Components 1 crew wishing to affix the grid sooner or later might be required to fork out a hefty $200 million entry charge, a provision that was inscribed within the sport’s most up-to-date Concorde Settlement and that’s supposed to guard the prize cash of present groups.

  • Learn additionally: Alpine’s Budkowski ‘blown away’ by Alonso race craft

“Clearly, it’s not that straightforward,” admitted Budkowski. “The FIA must open a young after which it must be a course of going by.

“If there was a superb mission being mounted with somebody with financing and a superb and intelligent method to constructing a brand new crew, then we’re open to dialogue and would take into account supporting that operation with an engine or powertrain provide.

“It’s not straightforward to start out a Components 1 crew from scratch. It’s additionally not straightforward to compete in F1 with an current crew. However ranging from scratch is a large endeavour.”

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The publish Renault held engine deal talks with 'potential' F1 entrants appeared first on F1i.com.

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