Sep 05

Amid the car sales crisis and economic downturn, and the damaging Formula 1 crashgate scandal, Renault SA sold a rumoured 85 percent of the team that still bears its name to Luxembourg based investment firm Genii Capital. … “Rumour mill in overdrive with some creative stories on the web,” Renault Formula 1 said via its official microblog account. “For the record, Renault are very happy with the Genii partnership, great visibility and a good relationship. …

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F1 : Renault uses Twitter microblog website to dismiss Formula 1 …

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