Renault happy to focus on F1 engines


NEW DELHI, Oct 31 (Reuters) - Renault have ruled out returning to Formula One as a constructor for years to come and are happy with their new focus providing engines to as many teams as want them, according to company chief executive Carlos Ghosn.

Although there is currently a Renault team competing in the sport, the French car maker has sold its stake in the former champions to Luxembourg-based Genii Capital. That team, who do have Renault engines, have already sought permission to change their name so that they can compete next year as Lotus.

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