There may not be any Renault to return to, the French finance minister has admitted Renault may "disappear" as a result of the corona crisis.
It was reported last week that the government, which owns a 15 percent stake in the French carmaker, will step in with a EUR 5 billion loan to rescue the embattled marque.
But minister Bruno Le Maire has told Europe 1 radio that the loan will not be granted until "we know what Renault's strategy is".
He admitted that Renault is in "serious financial difficulty", confirming: "Yes, Renault may disappear."
Renault has organised a press conference for Wednesday 27 May, and there are fears and rumours that a severe restructuring plan could involve the axing of the F1 program.
https://www.grandprix.com/news/minis...disappear.html