Renault warns F1 risks losing a manufacturer if costs aren't tackled

Formula 1 risks losing one of its current manufacturers if the escalating costs of engine development are not cut in the near future, fears Renault

Renault warns F1 risks losing a manufacturer if costs aren't tackled

Amid growing signs that engine budgets are ramping up in the battle between F1's current four manufacturers, Renault thinks that spending requirements are now getting to the point where they are harder to justify to parent companies.

Renault F1's managing director Cyril Abiteboul says that the huge investment rival Honda has made to get its engine programme back on track is proof of how spending is now accelerating.

Asked about the progress that Japanese manufacturer has made with its latest upgrade, Abiteboul told Autosport: "It is not a surprise because it was very clear last year already that Honda were making very rapid progress.

"Reliability was not there last year, but it was extremely clear, and I remember in Spa, there was a very clear signal that Honda was on the move given the huge investment which we understand that Honda is putting in.

"It is not a surprise that this is paying off because we are still in an F1 that is rewarding how much you are spending rather than how you are spending it. And that is a concern."

With F1 manufacturers already braced for added investment to revamp engines for 2021, when louder and higher-revving powerunits will be introduced, Abiteboul thinks that questions may be asked about the current escalating costs.

"That [rising cost] is in my opinion untenable," he said. "It may be paying dividends for Honda now, but at some point it will be untenable for one of the four - and who knows what will happen then.

"I think F1 cannot afford to lose one of them. And I don't see enough decision/action being taken to alleviate that necessity to spend in a way that might be untenable in the medium to long term."

Abiteboul has said that Honda's progress this year to lift its performance will now result in Renault needing to ramp up its own efforts to move forward.

"They are definitely back," he said. "They are at a similar level to us in terms of competitiveness this year because of our decision on Spec-C. That is why again we cannot sleep on next year's engine development.

"And we also need to put that in perspective of 2021, where we want to start as early as possible. As always we need to see how we can balance short term objective with long term objectives."

shares
comments
Inside the Force India revival masterplan
Previous article

Inside the Force India revival masterplan

Next article

Tech secrets of Sauber's 2018 Formula 1 surge

Tech secrets of Sauber's 2018 Formula 1 surge
The relaxed home life that helps F1’s Danish superstar to deliver Plus

The relaxed home life that helps F1’s Danish superstar to deliver

The unrelenting grasp of the tax man prompts most racing drivers to move to the likes of Monaco, Switzerland or Dubai. But, as OLEG KARPOV found out, Kevin Magnussen is quite happy where he is, thank you very much – at home, with his family, in Denmark

How Perez has shown what many F1 drivers need from the 2022 season run-in Plus

How Perez has shown what many F1 drivers need from the 2022 season run-in

OPINION: Sergio Perez’s Singapore triumph arrested a big decline in his Formula 1 performances against Max Verstappen at Red Bull since his Monaco win. He now needs to maintain his form to the season’s end, while others are also seeking a change in fortunes

How the FIA should punish any breaches of the F1 cost cap Plus

How the FIA should punish any breaches of the F1 cost cap

OPINION: On Wednesday, the FIA will issue F1 teams with compliance certificates if they stuck to the 2021 budget cap. But amid rumours of overspending, the governing body must set a critical precedent. It needs to carefully pick between revisiting the bitterness of Abu Dhabi, a contradictory punishment and ensuring parity for the rest of the ground-effect era

Formula 1
Oct 4, 2022
Singapore Grand Prix Driver Ratings 2022 Plus

Singapore Grand Prix Driver Ratings 2022

A testing return to the Singapore Grand Prix in tricky conditions created plenty of hazards and mistakes for the Formula 1 drivers to fall into. That partly explains a number of low scores, including from a handful of high profile runners, allowing others to take a starring role under the floodlights

Formula 1
Oct 3, 2022
The two key contributors to Leclerc's defeat to Perez in F1's 2022 Singapore GP Plus

The two key contributors to Leclerc's defeat to Perez in F1's 2022 Singapore GP

In a marathon Formula 1 Singapore Grand Prix, Sergio Perez’s victory was only assured hours after the race due to a stewards investigation. Throughout the contest the Red Bull driver impressively held off Ferrari’s Charles Leclerc in changing conditions to see the Mexican pull out enough of an advantage to negate his post-race penalty

Formula 1
Oct 3, 2022
The time-honoured manufacturer model that can't apply to all F1 teams Plus

The time-honoured manufacturer model that can't apply to all F1 teams

What happens, asks MATT KEW, if the old adage of win on a Sunday, sell on a Monday is no longer true for F1 manufacturers?

Formula 1
Oct 2, 2022
Why is Oscar Piastri F1's most sought-after rookie? Plus

Why is Oscar Piastri F1's most sought-after rookie?

The Australian rising star is fast, consistent, confident, adaptable and has shown excellent racecraft, but there’s already a taint to his reputation. That hasn’t stopped him becoming the hottest property in this year’s F1 driver market and why McLaren moved fast to snap up the 21-year-old

Formula 1
Sep 30, 2022
The unintended benefit that F1's new engine rules era will deliver Plus

The unintended benefit that F1's new engine rules era will deliver

Formula 1's incoming engine rules shake-up has multiple targets. But it may also solve what has been a bone of contention since the hybrids arrived in 2014. The new plan will allow the series to pump up the volume

Formula 1
Sep 29, 2022