Renault CEO Luca de Meo has addressed rumors of a potential sale of the Alpine F1 team.
In response to ongoing speculation about the potential sale of the Alpine Formula 1 team, Luca de Meo, CEO of Renault Group, has definitively stated that the company has no plans to sell the team, either entirely or in part. Amid a challenging season that finds Alpine ninth in the constructors' championship with just two points, de Meo noted the group's commitment to maintaining ownership and steering the team through its current difficulties.
We had been world champions with Red Bull but with hybrid, things went wrong. Even the engine we developed in 2021 had a 0.2sec to 0.5sec disadvantage every lap. And this year we've screwed up with the car. If you combine everything, we're up to 1.5sec from where we need to be.'For this year and 2025, we will try with the current set-up, then push to get things right for the next cycle. That's the challenge. But we will do everything necessary to be a competitive team.
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