{"id":14480,"date":"2011-12-01T07:15:10","date_gmt":"2011-12-01T12:15:10","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=14480"},"modified":"2011-12-01T07:15:10","modified_gmt":"2011-12-01T12:15:10","slug":"f1-highly-profitable-for-engine-supplier-renault","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/f1-highly-profitable-for-engine-supplier-renault\/","title":{"rendered":"F1 &#8216;highly profitable&#8217; for engine supplier Renault"},"content":{"rendered":"<p>French carmaker Renault is entirely happy with its involvement in formula one, despite its name finally disappearing from the teams&#8217; entry list for 2012.<\/p>\n<p>The marque is now purely an engine supplier, with a close relationship with world champions Red Bull and &#8216;customer&#8217; deals in place for 2012 with Lotus, Williams and Caterham.<\/p>\n<p>Renault SA&#8217;s commitment as a full works team began to waver two years ago, but new chief operating officer Carlos Tavares now insists F1 is &#8220;highly profitable&#8221; for the manufacturer.<\/p>\n<p>&#8220;It costs us a net investment amount of two digits (in millions of euros),&#8221; he is quoted as saying by the French website 20minutes.fr.<\/p>\n<p>&#8220;A long time ago I gave up the idea of making calculations on the profitability of F1, because this is an investment that is highly profitable.&#8221;<\/p>\n<p>Tavares also said he is happy with F1&#8217;s new direction for 2014, with the current V8s being replaced by turbo V6 engines.<\/p>\n<p><span style=\"color: #888888;\"><em>\u00a9 RIF | GMM<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French carmaker Renault is entirely happy with its involvement in formula one, despite its name finally disappearing from the teams&#8217; entry list for 2012. The marque is now purely an engine supplier, with a close relationship with world champions Red Bull and &#8216;customer&#8217; deals in place for 2012 with Lotus, Williams and Caterham. Renault SA&#8217;s &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[3181,3021,5262,5340,60,55,155],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/14480"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=14480"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/14480\/revisions"}],"predecessor-version":[{"id":14481,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/14480\/revisions\/14481"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=14480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=14480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=14480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}