Abiteboul believes that the changes will move F1 from the current two-track system to a system in which each registered team could win the race. Otherwise, they intend to achieve this with different approaches, from use open source solutions, in which teams participate (and do not compete) with each other. The Frenchman believes that in this way we could encourage innovation and reduce costs.
Abiteboul, which represents one of the world 's three largest car manufacturers, is part of the series #thinforForward, which he is preparing Motorsport.com, presented his view on rescuing F1 from the clutches of the corona crisis and on speculation about exit of the French mark from the F1 competition, said motorsport is strongly written in Renault’s genetic record. Last but not least, the French brand boasts more than 120 years of sports history. Team boss Renault Sport F1 is sure to continue in the future Renault he will not be able to do without motorsport and vice versa.
Renault reopened its doors last Monday engine factory in Viry, and yesterday they also started work in the factory in Enstone, although the effects of the British government 's quarantine decision on all entering the country still need to be examined. Abiteboul considers that F1 acted decisively during the crisis and reset the business model in order to maintain all the teams currently involved in the future.
"It's a big global crisis, so it's hard to guess now what its (global economic) impact will really be, but everything that is happening: better distribution of money from the prize fund, lower budget limit, much lower than it was and for which we have been striving for for years is, frankly, probably very good for us. Very close to the level at which we have operated so far, " the first man is satisfied with the outcome of the negotiations French teams.
Even before the crisis, questions about further participation of Renault in Formula 1 and despite all the optimism, Abiteboul does not yet have the final assent of the group’s highest levels Renault-Nissan regarding the continuation of the story in F1. Especially now that the pandemic has pushed the French part of the group deep into the red numbers.
"We have been present in Formula 1 almost all the time since the 70s. We were loyal to Formula 1 and I think it’s important to stay true to our roots. It is important where you come from, your history, not only because of loyalty, but also because it means something in terms of a story that you can present to today's and tomorrow's customers, " importance Renault 's presence in Formula 1 for brand development see Abiteboul.
Company group Renault-Nissan also competes in Formula E, which, according to Abiteboul, is an additional important factor in rational use of resources, as many of the innovations from Formula 1 are then applied in series Formula E. "Formula 1 must remain the main driver of development, but we will definitely have to do a lot in the field of marketing and show F1 in a more environmentally friendly light. Last but not least, in recent years we have witnessed continuous development in this field, from KERS to turbo-hybrid propulsion units and the use of biofuels, " he concluded Abiteboul.
