Could ‘historic’ bonus payment keep Renault in F1?

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The talk this year of Renault’s future in Formula 1 has been accelerated this week with an AUTOSPORT article that suggests the car manufacturer could be in line for a premium payment as a legacy marque in F1 should they decide to double down on their long-term investment in the sport.

The article suggests that Renault, who have been involved in all but five seasons since 1977, could be poised to receive a premium payment as a historic team similar to what Ferrari currently enjoys. having been in the sport for 38 years, F1 boss Bernie Ecclestone concurred:

“Yes. If they take over Lotus and do exactly what Mercedes and Red Bull did, that would be it, so yeah, sure.

“They [Renault] have talked about perhaps taking over Lotus, so there is a way in for them, and we’d love to have them on board.”

The prospect here is to keep a strong manufacturer on board in F1 and keep the long-term investment in the sport instead of watching the French car maker walk away from the series as Toyota, BMW and Honda did.

The interesting issue is that when the topic of historic team payments comes up, many F1 fans feel Ferrari’s special premium payment is wrong and use it as an example to dislike the Italian marque and suggest that F1 needs equity among all teams and a more even distribution of the prize money.

Most comments I’ve read from fans regarding these payments has not been positive but I, unlike most, feel they part of the current series structure and that if teams didn’t like it, they should negotiate a different arrangement. It’s very cunning of Renault to exhaust all avenues on how their long-term commitment might be compensated by the sport…even dragging out its historic participation as an option.

Do you like the historic team premiums? Is this a good idea? Does F1 need Renault? Many fans were telling Red Bull not to let the door hit them in the arse as they leave when threatening to do so. Do you feel the same about Renault?

Hat Tip: AUTOSPORT

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Bacon Wrapped Sushi

I think Formula 1 needs as many legitimate factory constructors as possible. Renault, Ferrari, Mercedes, Honda, etc. is who I’m talking about. Renault has proven it is in it for the long haul, and stipends should be given out to these teams who bear a huge brunt of the R&D required for major engine changes. This will make it much easier for these manufacturers to justify to their respective board of directors to keep racing even when the economy is down, as most people aren’t fans of walking away from subsidies. Bernie could set it up like this: A constructor… Read more »

Shocks&Awe

“Now the works teams… Probably won’t like that idea as much, but seeing as they just buy the motor, I can’t really side with them.” Williams, McLaren, Brabham, March, Cooper, Eagle, Jordan, Arrows, Ligier, Minardi, Surtees, Toleman, Vanwall, Hesketh, Tyrell… These names are written in the very DNA of F1 and they all “just” bought the motor. Bernie himself wouldn’t be in F1 if constructors couldn’t buy engines. Large manufacturers are a plague on F1. They are not in it for the racing — for love of the sport. Even Ferrari used to say that they sold cars to pay… Read more »

Junipero Mariano

Should Ferrari, McLaren, and Williams get a bigger piece of the pie for sticking around through the ups and downs? Absolutely. But not the equivalent amount of a small team’s budget.

Should Mercedes be enticed with a little more cash for coming back after so long? Makes sense.

Renault? I’d want a long term commitment if I was Bernie.

Scottynz

While I agree that Renault should get a good slice of the pie for being around for so long… Problem is that unless the sport finds a way to make the pie bigger or put the teams on a diet that slice won’t be big enough to get Renault to climb back on board

Shocks&Awe

The kickbacks exist in the first place, because F1 can’t live without Ferrari. Since that worked, they now seem to just be incentives to keep major manufacturers. I don’t believe there is anything “historic” about it. Bernie is not sentimental, but he does understand the power of words. So to me this is just Bernie saying, yes, I think big manufacturers will bring the most value to CVC’s investment in the sport, so I’m willing to give a little to Renault to keep them in the sport.