According to reports, less than twelve months on from having sold a majority stake in its F1 team to Luxembourg-based investment consortium Genii Capital, Renault
is now considering repurchasing control of the Enstone-based outfit.
Off the back of a bruising campaign that saw its name and international reputation dragged through the mud via the well-publicised shame and ignominy of the 'Singapore-gate' race-fixing scandal – allied to poor on-track results, the loss of double F1 World Champion Fernando Alonso
to rival Ferrari
and falling car sales as a result of the global credit crunch – Renault
came close to pulling out of the top flight altogether at the end of 2009.
As it transpired, the French manufacturer ultimately elected to retain a 15 per cent share in the team that bears its name, whilst selling the other 85 per cent to Genii Capital owner Gérard Lopez – but a number of factors are now hinting at a volte-face
According to Planet-F1
, Genii Capital has not invested as much money into the team as had been hoped for, whilst the Oxfordshire concern's much-improved on-track form and results this season – from Alonso's replacement Robert Kubica
in particular, with the Pole having claimed three podium finishes from the opening 13 grands prix of F1 2010 to-date – as well as a better financial situation on the road car side have perhaps combined to make Renault
re-think its original decision.
The car maker has made no comment on the speculation.