Formula 1
Driver choice hints at Renault team sale
Dec.1 (GM) A Swiss specialist publication has identified a link between Renault's surprising driver choice for this week's Jerez test, and a potential buyer for the Enstone based team. It was rumoured last month that Renault may be considering ...
GMM
Published: Dec 2, 2009, 4:50 PM
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Dec.1 (GM) A Swiss specialist publication has identified a link between Renault's surprising driver choice for this week's Jerez test, and a potential buyer for the Enstone based team.
It was rumoured last month that Renault may be considering staying in Formula One as an engine supplier next year but withdrawing as a full constructor.
Motorsport Aktuell named Gerard Lopez, co-founder of venture capital firm Mangrove, as one prospective buyer.
Some insiders expressed surprise recently when Ho-Pin Tung, a Dutch born Chinese who has recently been driving in the A1 and Superleague series, was named alongside Lucas di Grassi and Bertrand Baguette for Renault's Jerez test lineup.
But a statement issued by the 26-year-old highlighted the fact that he is handled by the sports management company Gravity.
"Today we have come to the point where we can say we are at the threshold of Formula One," Tung is quoted as saying.
Motorsport Aktuell reveals that Mangrove's Gerard Lopez is also involved with Gravity, therefore perhaps explaining Tung's Renault test.
It may also be significant that a large delegation of Chinese media is covering the Jerez test this week, including the state television broadcaster CCTV.
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