Renault F1 Team Principal, Frederic Vasseur, has resigned from his position at the team ahead of the start of the 2017 Formula 1 Season reports say.
Fred Vasseur resigns as Renault F1 Team Principal
Vasseur joined Renault last year following the return of one of Formula 1‘s most iconic and historic teams in the history of the sport. In his role, Vasseur worked alongside Cyril Abiteboul – Renault’s managing director – in restructuring and recruiting for Renault in order to allow for development.
Halfway through the 2016 Season, Vasseur became the team principal for Renault. Following in differing opinions in the direction that Renault should take with senior management however, Vasseur felt that it would be better he did not remain in his position at the team any longer.
A statement reads:
“After a first season spent relaunching and rebuilding its Formula 1 team, Renault Sport Racing and Frederic Vasseur have agreed by mutual consent to part company, effective as of today.”
“Both parties remain committed to maintaining the good working relationship they have enjoyed and expect this to take a new form sometime in the future.”
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