Renault's $1billion F1 gamble

Renault's $1billion F1 gamble

Having bought back its old team, Renault is struggling to recapture the glory days of the mid-2000s when it stood toe to toe with Formula 1's greats. As the total spend creeps past a billion dollars and the project remains way off track, STUART CODLING asks if this is now an impossible task...

In Greek mythology Sisyphus was the king of Corinth condemned by the gods to an eternity of pushing a huge boulder up a hill, only for it to topple back and roll to the bottom as he neared the summit.

How this scenario must resonate with the senior management of Renault F1 - and the corporation signing the cheques - as the team repeatedly falls well short of Formula 1's peak, seemingly regardless of the effort and money expended.

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