Renault will look to reduce the price of its new turbo V6 engines over time, the French carmaker's president Carlos Ghosn said. Reports have indicated that Renault's new engine for 2014 is millions more expensive than any of its rival F1 suppliers, causing Williams to jump ship to Mercedes.
It is also rumoured that, while Caterham looks set to stay with Renault, Lotus is in talks with Ferrari. Already signed up with Renault for 2014 are Red Bull's two teams, including Toro Rosso. "We will not be surprised if the third one will come soon," said Ghosn. "We may have more but we don't need more. There is some concern about the cost of the engine, I understand it, but our commitment is to work to reduce these costs," Ghosn said in Monaco at the weekend.
He insisted, however, that the initial cost of the engines to customers - believed to be over EUR 20 million per season - will not be reduced. "We are not going to drop the price for anybody for 2014," said Ghosn. "But our commitment is every year we will be working hard to make this engine more efficient, to reduce the costs and then try to pass part of the cost reduction to the users." (GMM)
Renault committed to reduce engine costs after 2014
- Published on 28 May 2013 11:30
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- By: Rob Veenstra
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Jan 26
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M. Verstappen
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Jan 28
A. Antonelli
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G. Russell
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Jan 30
L. Hamilton
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Bahrain International Circuit - Winter testing
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Feb 11
L. Norris
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Feb 12
C. Leclerc
- 1:34.273
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Feb 13
A. Antonelli
- 1:33.669
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Bahrain International Circuit - Winter testing
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Feb 18
G. Russell
- 1:33.459
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Feb 19
A. Antonelli
- 1:32.803
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Feb 20
C. Leclerc
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Formula 1 Calendar - 2026
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Formula 1 Calendar - 2026
Date
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Spain
Circuit de Catalunya
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Bahrain
Bahrain International Circuit
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Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
10 - Apr 12
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Bahrain International Circuit
17 - Apr 19
Saudi Arabia
Jeddah Street Circuit
1 - May 3
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Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
Monaco
Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
26 - Jun 28
Austria
Red Bull Ring
3 - Jul 5
United Kingdom
Silverstone
17 - Jul 19
Belgium
Spa-Francorchamps
24 - Jul 26
Hungary
Hungaroring
21 - Aug 23
Netherlands
Circuit Zandvoort
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- Team name Lotus F1
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- Kimi Räikkönen 9
- Romain Grosjean 10
- Pastor Maldonado 13
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- Kevin Magnussen 20
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