SEPTEMBER 4, 2013
Tavares exits Renault
A management reshuffle at Renault could impact the French carmaker's formula one programme, according to media reports.
Renault, whose racing arm Renault Sport supplies engines to multiple F1 teams including world champions Red Bull, has announced that chief operating officer Carlos Tavares is stepping down to pursue "personal projects".
"In order to reinforce Renault's industrial and commercial performances, an adaptation of the management's organisation will soon be decided and announced," Renault added.
A report in the Business Standard reports that motor racing enthusiast Tavares' exit coincides with "tough times" for Renault's road car operations "in the European market".
Another report at Racecar Engineering added: "It is almost certain that this change of leadership will have some impact on Renault's motor sport activity."
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