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Unique Event in Paris to Celebrate Renault's Second Double Formula 1 Title
October 2006
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GKN Driveline Supplies Helical LSD for New-Model Renault Megane
October 2006
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Renault Integrates Sensics Panoramic HMD into ULTIMATE Driving Simulator
September 2006
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Visteon Supplies Aftermarket USB Audio Interface Solution for Renault Vehicles
September 2006
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250,000th Logan rolls out of the Dacia plant in Pitesti, Romania
June 2006
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Renault Presents Progress in Its Research into Fuel Cells
June 2006
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New Clio Renault Sport: The Hot Hatch with Passion and Driving Pleasure
May 2006
May 30, 2006 -- The challenge faced by Renault Sport Technologies’ engineers whe... -
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Renault Samsung Motors Chooses QNX for High-end Car Infotainment System
May 2006
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Renault Modus 1.5 dCi 85 Quickshift Driving Pleasure and Functional Safety
April 2006
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Renault's New Modus Cosmopolitan Limited Edition Released
March 2006
March 2, 2006 Modus Cosmopolitan is back with a new spring/summer coll... -
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The decision of the Fédération Internationale de lAutomobile (FIA) to introduce two sets of Formula One technical regulations for the 2010 Formula One season has caused the Renault Group to reconsider its entry in next years FIA Formula One World Championship.
There is frustration that FOTAs constructive proposals, including major cost saving measures to be adopted progressively between 2009 and 2012, which were carefully constructed by FOTA members, have been completely ignored without any form of consultation by the FIA with the teams.
It should be stressed that FOTA has set the same, if not lower, financial objective as the FIA, but Renault strongly believes that this must be introduced through a different procedure agreed by all parties.
Renault also believes that it is paramount that the governance of the sport is coordinated with a spirit of consultation with all parties (FIA, FOM, FOTA) in order to achieve a better balance between the costs and the revenues. Renault is also of the firm view that all entrants in the World Championship must adhere to and operate under the same regulations.
President of the ING Renault F1 Team, Bernard Rey, commented: “Renault has always considered Formula One as the pinnacle of motor sport and the perfect stage to demonstrate technical excellence. We remain committed to the sport, however we cannot be involved in a championship operating with different sets of rules, and if such rules are put into effect, we will be forced to pull out from next season.
ING Renault F1 Team Managing Director, Flavio Briatore, commented: “Our aim is to reduce costs while maintaining the high standards that make Formula One one of the most prestigious brands on the market. We want to achieve this in a coordinated manner with the regulatory and commercial bodies, and we refuse to accept unilateral governance handed out by the FIA. If the decisions announced by the World Council on the 29th of April 2009 are not revised, we have no choice but to withdraw from the FIA Formula One World Championship at the end of 2009.
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