Following Ferrari's threat to quit the circuit if new 2010 budgetary regulations were not dropped, Renault's race director Flavio Briatore (photo) announced on Wednesday that his team will pull out as well if the rules remain unchanged.
REUTERS - Renault will quit Formula One at the end of the season if the 2010 rules remain unchanged, team boss Flavio Briatore said on Wednesday.
"If the decisions announced by the [International Automobile Federation] World Council on the 29th of April 2009 are not revised, we have no choice but to withdraw from the FIA Formula One World Championship at the end of 2009," he said in a statement.
Champions Ferrari made a similar threat on Wednesday.
Toyota and Red Bull have also threatened not to enter next year's championship unless the new rules published by the governing are changed.
Date created : 2009-05-13