Latest Automotive News

Subscribe in a reader

Renault set to appoint new president of Formula One team

Email   small font medium font large font


LONDON (AP) _ Renault is set to appoint Bernard Rey as president of its Formula One team following the departure of Alain Dassas.

Rey, a senior vice-president with Renault's chief executive office, has been nominated to the role with the world champion team because Dassas has been appointed chief financial officer of Nissan.

Rey, who was previously responsible for Nissan's motor sport teams, will take charge Sept. 17, near the end of the current world championship.

Renault said Tuesday that the changeover will occur with three races remaining ``to ensure a smooth, stable transition as the team prepares for 2008.''

Dassas took charge in April 2006 and presided over a second straight double of drivers' and manufacturers' titles. But star driver Fernando Alonso left for McLaren after his second championship title and Renault has slipped from contention this year.

Renault is without a win after 12 of 17 races and is in fourth place in the constructors' championship with 36 points, 112 fewer than leader McLaren.

``The team is preparing to return to the highest level next season and is well-placed to do so in terms of personnel and resources,'' Rey said.

Receive the latest automotive news by email!

Enter your email address:

Related news
Two-time Formula One world champion Fernando Alonso is heading back to Renault on a two-year contract. The 26-year-old Spaniard announced his return to the French team Monday after a turbulent season at McLaren. At ...
Fernando Alonso's return to Renault won't change Formula One's pecking order, according to Ferrari drivers Kimi Raikkonen and Felipe Massa. ``Ferrari and McLaren will surely be very fast again,'' Raikkonen said Thursday at Ferrari's ...
Former Ferrari boss Jean Todt said the decision to hire Kimi Raikkonen as driver instead of Fernando Alonso was proven right by the way the last Formula One season unfolded. Todt said he ...
MONZA, Italy (AP) _ Lewis Hamilton believes McLaren has a mental edge over Ferrari in the Formula One championship despite the discovery of new evidence in the spy scandal. ``If you look at ...
Renault is celebrating the return of Fernando Alonso and the success of Renault Mégane with an international advertising campaign • Fernando Alonso chose Renault Mégane F1 Team for its ...
The official presentation of the Honda Racing F1 Team’s 2008 challenger took place at the team’s operational headquarters in Brackley, UK. RA108 The official presentation of the ...
CAW president Buzz Hargrove and federal Industry Minister Jim Prentice are grappling with what to do about the 1,100 additional layoffs at Chrysler Canada that are part of a broader restructuring by the ...
Chrysler LLC on Thursday announced a new executive vice- president position to expand alliances with overseas automakers, something that industry analysts say shows a new sense of urgency to find partners outside of ...
Seven-time world motorcycling champion Valentino Rossi skidded off the track Tuesday in his first public test with the Ferrari Formula One team. Rossi, who has expressed interest in moving to Formula One, was driving ...
BMW is to leave Formula One at the end of 2009, after a poor season and amid a global crisis in the automotive industry.

Best Investment Newsletter

- 46% in 2008

- invest in the best performing US stocks only and sell them when the uptrend is over

- very easy to follow, simple buy/sell signals

- no need to have investing or trading experience

Find More Now!

Renault set to appoint new president of Formula One team
> © 2006-2017 except where otherwise noted