Jul.18 (GMM) Staff and fans of Renault’s Formula 1 team Alpine may be feeling nervous ahead of the Belgian GP next weekend.
Recently, Renault CEO Luca de Meo suddenly resigned – and now devastating financial results have compounded the French carmaker’s misery.
“Yesterday, Renault Group shares collapsed,” said Elmir Valeev, a Formula 1 commentator for Setanta Sports.
“Not fell, but collapsed by almost 20 percent, and a day later there is no sign of a rebound.”
Indeed, Renault has already announced cost-cutting measures, having admitted cash flow in the first half of 2025 of just 47 million euros – hundreds of millions of euros below expectations.
“That’s almost a disaster,” said Valeev.
In the void left by de Meo, who last year appointed Flavio Briatore as his executive advisor for Formula 1, Renault has now appointed a new CEO but only “for an interim period”.
“The selection process for the new Chief Executive Officer is already well underway,” a Renault statement declared.
Whoever is ultimately appointed will surely feel increasing pressure to look critically at the expensive investment required for the Alpine team.
“In such a situation,” said Valeev, “you have to get rid of non-core assets. And their main non-core asset is the Formula 1 team.
“Imagine the situation – your company is suffering colossal losses and has huge problems with cash. Then you have a not-particularly core asset – a Formula 1 team. A team in which you invested several hundred million dollars, but which now, after the explosive growth of the championship, is worth one and a half billion.
“And despite such a cosmic price tag, there are groups and consortiums swarming around – literally swarming – wanting to give you this money in exchange for a team that is not your core business.
“What would you do?” he wrote on Telegram.
It is being rumoured that if Mercedes succeeds at signing Max Verstappen for 2026, Toto Wolff will do a deal with Briatore to loan Kimi Antonelli to Alpine.
Rookie Antonelli, just 18, has admitted to struggling for performance recently – and also grappling with the huge pressure of having replaced Lewis Hamilton at a big team.
“It’s like swimming in a sea full of sharks,” the young Italian tells Corriere della Sera newspaper. “It takes just a moment to fall into the trap and be eaten.
“I realised this in Imola, where I understood how important it is to make time for myself. Moments where I’m alone, in a quiet place, where I can mentally switch off and isolate myself.”
The Indianapolis 500 is an American tradition, and the 2026 race marks the 110th year of this historic event. Guests of Grand Prix Tours will enjoy premium accommodations, options for exclusive suite access, and unforgettable race-day experiences, including a police escort to the track. Highlights include visits to the newly renovated Indy 500 Museum, Gasoline Alley, and the Dallara IndyCar Factory, plus patriotic pre-race festivities like the singing of “Back Home Again in Indiana.” Join us for our 41st trip to the legendary Indy 500!
SHOW PACKAGES
The Monaco Grand Prix, often called the crown jewel of Formula 1, is one of the most prestigious races in the world and part of the Triple Crown of Motorsport alongside the Indy 500 and 24 Hours of Le Mans. Starting in 2026, the race will move from May to June to better align with the F1 schedule, placing the Canadian Grand Prix earlier in the season. Grand Prix Tours has taken care of all of the details and has arranged an amazing motorsports vacation. Call 949 719 3350 to book your trip or to contact us with any questions.
SHOW PACKAGES
Join Grand Prix Tours for the 2026 Austrian Grand Prix at the iconic Red Bull Ring; a fan favorite that rarely disappoints. Set in Austria’s stunning Styrian Hills, this scenic circuit is famous for its dramatic elevation changes and thrilling uphill turns. We’ve planned every detail so you can relax and enjoy an unforgettable motorsport getaway.
SHOW PACKAGES
Join Grand Prix Tours at the legendary Silverstone Circuit for the 2026 British Grand Prix; the birthplace of modern F1. This isn’t just race weekend; you’ll visit the British Motor Museum, explore the Silverstone Museum, and enjoy an exclusive behind-the-scenes tour of the Oracle Red Bull Racing Factory. With over 40 years of experience hosting this trip, we’ve thought of every detail for the ultimate F1 fan experience.
SHOW PACKAGES
Join Grand Prix Tours for the 32nd Goodwood Festival of Speed in the South of England, a long summer weekend celebrating the greatest moments in motorsport. Held at the magnificent Goodwood House, this world-renowned event showcases an unparalleled collection of historic and modern racing cars from the past 125 years. We’ve taken care of every detail so you can enjoy an unforgettable motorsport getaway.
SHOW PACKAGES
Join Grand Prix Tours for the 2026 Canadian Grand Prix in Montreal, a fan favorite on the F1 calendar. The city comes alive for race week packed with energy, events, and unforgettable nightlife. This year, the action shifts to Memorial Day weekend (late May), part of F1’s new, eco-friendly schedule. Don’t miss your chance to be part of the atmosphere where motorsport meets Montreal magic. Book your spot now this one sells out fast!
SHOW PACKAGES