Motor racing-Renault F1 team announces $50 million boost

Newswire

LONDON, July 30 (Reuters) - Formula One champions Renault announced a $50 million programme of long-term technology investment on Monday after slipping behind their main rivals on the racetrack this season. The team said in a statement that the programme, including a new computational fluid dynamics (CFD) facility to be built at their Enstone factory, had the full support of the French carmaker. "This programme of technology investment in the team sends a strong signal about our ...

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