F1-Fansite.com

F1 News

Renault ends road car deal with Caterham

Posted on by
Kimi Raikkonen at Renault
Kimi Raikkonen at Renault
Caterham CT01 Burnout

Caterham CT01 Burnout at Rotterdam

Caterham and its F1 engine partner Renault have reportedly axed a joint venture to produce road-going sports cars.

It was announced in late 2012 that the collaboration would involve Caterham, the Tony Fernandes-led F1 backmarker, buying into Renault's Alpine brand.

"I have not felt as excited about a new venture since I launched AirAsia in 2001," Malaysian entrepreneur Fernandes said at the time.

But media reports are now claiming the venture is being scrapped.

The news follows an obvious dip in Caterham's progress in formula one, as the team struggles with the radical 2014 rules and after Fernandes admitted in January that "If we're at the back I don't think I'm going to carry on".

AFP news agency cited sources in claiming Renault is not giving up on "reviving its Alpine brand", despite the split with Caterham.

Reuters added that Renault had earlier "raised doubts about Caterham's future financial contributions to the joint venture".

"Renault and Caterham representatives declined to comment on their joint venture," read a Bloomberg report.

Book discounted tickets and reservate your hotel room in our F1 Tickets Shop.

Please share this article & subscribe to our FREE weekly F1 Newsletter

PinIt

Latest Caterham News posts:

See older posts in our F1 News Archive »

Stay Updated by F1-Fansite!

Buy F1 MerchandiseBuy F1 Merchandise of your favourite driver or team.

Early Booking Discounts on F1 Tickets

Buy F1 tickets cheaper at F1-Fansite.com 2016 Formula 1 Season Early Booking Discounts are:
F1 Grand Prix
Discount

Book F1 Tickets Japanese F1 GP Japan '16Available
Book Now
Book F1 Tickets US F1 GP USA '16Available
Book Now
Book F1 Tickets Mexican F1 GP Mexico '16Available
Book Now
Book F1 Tickets Brazilian F1 GP Brazil '16Available
Book Now
Book F1 Tickets Abu Dhabi F1 GP Abu Dhabi '16Available
Book Now
Book F1 Tickets Australian F1 GP Australia '17AvialableBook Now
Book F1 Tickets Spanish F1 GP Spain '1720% discountBook Now
Book F1 Tickets Monaco F1 GP Monaco '17AvailableBook Now
Book F1 Tickets Austrian F1 GP Austria '1720% discountBook Now
Book F1 Tickets British F1 GP UK '17AvailableBook Now
Book F1 Tickets Hungarian F1 GP Hungary '1720% discountBook Now
Book F1 Tickets Belgian F1 GP Belgium '1725% discountBook Now

Polls

Who is your favourite F1 driver?

View Results

Loading ... Loading ...
F1 Polls