Connect with us

2016 F1

Lotus, Red Bull, Toro Rosso waiting for Renault decision

Published

on

Lotus, Red Bull, Toro Rosso waiting for Renault decision

Lotus, Red Bull, Toro Rosso waiting for Renault decision

It is believed that talks between Bernie Ecclestone and Renault are holding up the futures of no fewer than three teams.

Red Bull, it seems, is now ready to announce that it is staying with Renault power for 2016 — except that the French carmaker is yet to confirm that it is staying in F1 at all.

Indeed, Red Bull is busily re-signing sponsors and suppliers for 2016, with the next one set to be the long-time McLaren backer Tag Heuer.

“We’re announcing different partners, and we’ve some great partners to be announced in the week ahead,” said team boss Christian Horner in Abu Dhabi.

“So yes we’ll be there unless something extremely untoward happens.”

Horner’s worst fear is that talks this weekend between F1 supremo Ecclestone, CVC’s Donald Mackenzie and Renault Sport president Jerome Stoll could turn bad.

Renault is pushing Ecclestone hard for bonus income payments, in line with the grandee manufacturer teams like Ferrari and Mercedes.

If those talks are not complete by December 7, Lotus could be placed into administration by the British courts over an unpaid tax bill, perhaps scuppering the long-awaited buyout deal.

Also waiting for those crucial talks is Toro Rosso, because if Red Bull Racing is left stranded without an engine for 2016, the junior team will also be pulled out of F1.

Boss Franz Tost told Speed Week on Friday that he is poised to re-sign Max Verstappen and Carlos Sainz, and also sign on the dotted line of a 2015-spec Ferrari deal.

He confirmed that the Ferrari deal is “ready to be signed”, adding: “With the 2015 Ferrari engine, we would be very well positioned”.

But as the days drag on, the Faenza based team’s task of preparing a new car in time for the first test of 2016 becomes ever more difficult.

“It depends on suppliers as well as I cannot shorten their Christmas holidays,” said Tost.

He also dismissed speculation the 2015 Ferrari deal could be a precursor to Verstappen switching to the Maranello team, just like his Red Bull predecessor Sebastian Vettel before him.

“Yes, but Sebastian drove a long time for Red Bull and was ready for a change. Max is still far from ready,” the Austrian insisted. “So let’s stop with this talk.”

Comments

Latest Results




Latest F1 News

2018 F17 hours ago

Practice 3 Results: US Grand Prix

2018 US Grand Prix Practice 3 Results (FP3): Third free practice results and timings (FP3) for the eighteenth round of...

2018 F17 hours ago

Fernando Alonso slams wet tyre rules

Double-time F1 world champion, Fernando Alonso has hit out at F1’s wet tyre rules. So often in modern formula one,...

2018 F17 hours ago

Schumacher should not skip F2 – Hulkenberg

Nico Hulkenberg thinks Mick Schumacher should do a season of Formula 2 next year. Some believe the 19-year-old son of...

2018 F114 hours ago

Vandoorne arrived late after Formula E test

Stoffel Vandoorne arrived late to the paddock ahead of the US grand prix. The Belgian has been ousted by McLaren,...

2018 F114 hours ago

No ‘splits’ at Ferrari – Arrivabene

Maurizio Arrivabene has played down rumours that Ferrari is splitting apart. With the Maranello team’s 2018 title hopes in tatters,...

2018 F115 hours ago

Honda progress ‘scary for Renault’ – Sainz

Carlos Sainz says it is “scary for Renault” how much progress Honda has made in recent races. Previously, with Ferrari...

2018 F11 day ago

Practice 2 Results: US Grand Prix

2018 US Grand Prix Practice 1 Results (FP1): First free practice results and timings (FP1) for the eighteenth round of...

2018 F11 day ago

Practice 1 Results: US Grand Prix

2018 US Grand Prix Practice 1 Results (FP1): First free practice results and timings (FP1) for the eighteenth round of...

2018 F12 days ago

Ferrari still has work to do anyway – Vettel

Maurizio Arrivabene looks set to have his contract renewed at Ferrari beyond this year. There had been speculation that, amid...

2018 F12 days ago

Leclerc ‘does well’ at Ferrari – Raikkonen

Kimi Raikkonen has wished Ferrari’s new generation of drivers well. The Finn has lost his place at Ferrari for next...




Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

References
We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media