Nov.24 (GMM) F1 risks becoming unimportant to more of its participants if the sport does not change, Renault CEO Carlos Ghosn has warned.
Amid speculation concerning the French carmaker's commitment to formula one, Ghosn announced recently that a decision about the future will be made before the end of 2009.In a new interview with Forbes India, the 55-year-old referred to "challenges" faced by F1."(They are) challenges on how fair it is and how do you marry F1 with the environmental concerns. Can you bring zero emission through technology? So there are lots of questions about F1," said Ghosn.Asked whether F1 is still going to be important to Renault in the future, he answered: "I don't think it is going to be very important for anybody if it doesn't answer some of the concerns."I notice that in the last year, three car manufacturers have bowed out of F1. Three in one year! That means there are a lot of questions that we need to resolve," added Ghosn.