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No Renault 'customer' F1 engines in 2004

Renault F1 Team president Patrick Faure stated yesterday that the French manufacturer was not prepared to meet its apparent commitment to the FIA to supply "affordable" 'customer' F1 engines in 2004, but would consider doing so in the future. Faure indicated that it was more important for the company to develop its new V10 [May 27] before supplying other teams

Faure said: "When we are ready, we will be absolutely ready to supply another team, under two conditions.

"The first is not to lose money. We don't want to make money, but we don't want to lose it, either, so it means selling at a reasonable price. In our calculations, we should be at around US$15m, maybe slightly less. At $10m, we would be losing money.

"The second one is that we probably want to be not only a supplier but a partner of the second team, and to be able to have with them a few possible deals on trying some young engineers, young drivers or whatever.

"But we are ready to supply another team, let's say from 2005 or 2006 onwards."

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