Renault has played down talk that it is looking to buy back control of the Enstone-based F1 team that carries its name.
Renault sold a majority holding in the team to the Genii Capital group last year, with the economic downturn and the fall-out from the Singapore GP scandal playing a part in its decision to bring new investors into the team.
Speculation had however suggested that Renault
was now considering the possibility of buying back the team from Genii [See separate story HERE
] but the French manufacturer has denied that is the case – through a series of posts on its official F1 Twitter
“Rumour mill in overdrive with some creative stories on the web,” the first message read. “For the record, Renault
are very happy with the Genii partnership, great visibility and good relationship. No plans to change.”
Renault also used the same method to scoff at rumours that Ferrari's Felipe Massa
was being chased as a possible replacement for Robert Kubica
for 2011, with the pair swapping seats.
“Has anybody seen Robert and Felipe standing next to each other?” a post read. “I'm not sure they'd fit in each other's seats if they swapped.”