{"id":25075,"date":"2024-10-04T11:43:41","date_gmt":"2024-10-04T15:43:41","guid":{"rendered":"https:\/\/lastwordonsports.com\/motorsports\/?p=25075"},"modified":"2024-10-04T11:51:05","modified_gmt":"2024-10-04T15:51:05","slug":"renault-ceo-justifies-f1-exit-alpine-has-to-make-money","status":"publish","type":"post","link":"https:\/\/lastwordonsports.com\/motorsports\/2024\/10\/04\/renault-ceo-justifies-f1-exit-alpine-has-to-make-money\/","title":{"rendered":"Renault CEO justifies F1 exit: &#8220;Alpine has to make money&#8221;"},"content":{"rendered":"<p>In little over two years, several key aspects of Alpine F1 have changed. Drivers, team principals and technical directors are among notable departures from the Enstone squad since 2024. <a href=\"https:\/\/lastwordonsports.com\/motorsports\/2024\/07\/26\/alpine-to-abandon-renault-engines-by-2026\/\" target=\"_self\">Alpine&#8217;s choice to stop using Renault engines by 2026<\/a> is another key shift &#8211; which has been justified by mainly\u00a0 economic factors.<\/p>\n<h2>Finances played decisive role in ending Renault&#8217;s F1 partnership with Alpine<\/h2>\n<p>For many years, there was huge optimism surrounding the Renault\/Alpine project. Even big-name drivers like <a href=\"https:\/\/lastwordonsports.com\/motorsports\/2024\/10\/03\/helmut-marko-ricciardo-failed-to-deliver-necessary-performance\/\" target=\"_self\">Daniel Ricciardo<\/a> and Fernando Alonso were convinced by their project.<\/p>\n<p>However, the last two years have seen Alpine plummet down the pecking order. After finishing the first season of the 2022 regulations in 4th, they are now 9th in the standings &#8211; struggling to score points.<\/p>\n<p>In a bid to reverse their fortunes, many changes have been considered. Three team principals have been at the helm at Alpine over the last twelve months &#8211; perhaps <a href=\"https:\/\/lastwordonsports.com\/motorsports\/2024\/08\/20\/esteban-ocon-alpine-drivers-havent-been-listened-to\/\" target=\"_self\">the most obvious example of their instability<\/a>.<\/p>\n<p>Most recently, the team concluded that continuing with Renault engines was no longer worth the trouble.<\/p>\n<p><a id=\"Gq4wGJ2dQ4NVQFEBhrFMSQ\" class=\"gie-single\" style=\"color: #a7a7a7; text-decoration: none; font-weight: normal !important; border: none; display: inline-block;\" href=\"http:\/\/www.gettyimages.com\/detail\/2173737441\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">Embed from Getty Images<\/a><script>window.gie=window.gie||function(c){(gie.q=gie.q||[]).push(c)};gie(function(){gie.widgets.load({id:'Gq4wGJ2dQ4NVQFEBhrFMSQ',sig:'Unhcp60qDCmQAjKrjflYtx_bwyFlKbGc8i04K1JYK7A=',w:'594px',h:'393px',items:'2173737441',caption: true ,tld:'com',is360: false })});<\/script><script src='\/\/embed-cdn.gettyimages.com\/widgets.js' charset='utf-8' async><\/script><\/p>\n<h4>Alpine admit to losing sponsors due to poor performance<\/h4>\n<p>Speaking to l&#8217;equipe, Renault CEO Luca de Meo explained that financial considerations heavily influenced this decision:<\/p>\n<p><em>&#8220;Fans &#8211; except the real enthusiasts, I agree &#8211; and sponsors come for a team, not for an engine. Partners sign with McLaren, not with a Mercedes under the hood.<\/em><\/p>\n<p><em>&#8220;The F1 public has changed. It has expanded to include young people, women. This new clientele has a different interpretation of this sport.<\/em><\/p>\n<p><em>&#8220;We support a driver, a colour, a brand &#8211; not an engine. Alpine, given our position [9th in the teams&#8217; Championship] is losing bonuses.<\/em><\/p>\n<p><em>&#8220;Sponsors are rare. We have a hole in the air. My shareholders know how to count. Alpine has to make money.<\/em><\/p>\n<p><em>&#8220;Now, with our P16, P17, we look like jokers. We are nowhere.&#8221;<\/em><\/p>\n<p><a id=\"Exi7pUB6Qx96Xec5ldPIPw\" class=\"gie-single\" style=\"color: #a7a7a7; text-decoration: none; font-weight: normal !important; border: none; display: inline-block;\" href=\"http:\/\/www.gettyimages.com\/detail\/2158430131\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">Embed from Getty Images<\/a><script>window.gie=window.gie||function(c){(gie.q=gie.q||[]).push(c)};gie(function(){gie.widgets.load({id:'Exi7pUB6Qx96Xec5ldPIPw',sig:'JVI58MQF67FiknBbz15Gw8siTvzEvOkGhU51NFoHz-s=',w:'594px',h:'391px',items:'2158430131',caption: true ,tld:'com',is360: false })});<\/script><script src='\/\/embed-cdn.gettyimages.com\/widgets.js' charset='utf-8' async><\/script><\/p>\n<p>For many observers, this move is a reminder that Renault&#8217;s commitment to Formula 1 was always lacking.<\/p>\n<p>Relinquishing Alpine&#8217;s manufacturer status to become a customer team &#8211; though not entirely without logic &#8211; seems a very unambitious direction to pursue.<\/p>\n<p>Personnel at the team&#8217;s factory in Viry insist that 2026 engine development was going well. Unfortunately for these engineers, this was not enough to safeguard their future.<\/p>\n<p>Whilst Renault step away from F1, <a href=\"https:\/\/lastwordonsports.com\/motorsports\/2024\/10\/04\/ferrari-capitalise-on-renault-departure-and-sign-several-engineers\/\" target=\"_self\">Ferrari are already in the process of capitalising on the situation<\/a> to hire more staff. Others will surely do the same, especially as <a href=\"https:\/\/lastwordonsports.com\/motorsports\/2024\/10\/04\/mattia-binotto-audi-likely-to-suffer-engine-deficit-in-2026\/\" target=\"_self\">Audi work grows their new engine department<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In little over two years, several key aspects of Alpine F1 have changed. Drivers, team principals and technical directors are among notable departures from the Enstone squad since 2024. Alpine&#8217;s choice to stop using Renault engines by 2026 is another key shift &#8211; which has been justified by mainly\u00a0 economic factors. Finances played decisive role [&hellip;]<\/p>\n","protected":false},"author":4927,"featured_media":25077,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","sfio_featured_image":false,"sfio_embed_code":"","_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[2,4,3],"tags":[2220,1567,68,465,135],"class_list":["post-25075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-formula-1","category-news","tag-2024-formula-1-season","tag-alpine","tag-f1","tag-f1-news","tag-renault"],"modified_by":"Jaden Diaz-Ndisang","_links":{"self":[{"href":"https:\/\/lastwordonsports.com\/motorsports\/wp-json\/wp\/v2\/posts\/25075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lastwordonsports.com\/motorsports\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lastwordonsports.com\/motorsports\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/motorsports\/wp-json\/wp\/v2\/users\/4927"}],"replies":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/motorsports\/wp-json\/wp\/v2\/comments?post=25075"}],"version-history":[{"count":0,"href":"https:\/\/lastwordonsports.com\/motorsports\/wp-json\/wp\/v2\/posts\/25075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/motorsports\/wp-json\/wp\/v2\/media\/25077"}],"wp:attachment":[{"href":"https:\/\/lastwordonsports.com\/motorsports\/wp-json\/wp\/v2\/media?parent=25075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lastwordonsports.com\/motorsports\/wp-json\/wp\/v2\/categories?post=25075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lastwordonsports.com\/motorsports\/wp-json\/wp\/v2\/tags?post=25075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}