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Renault says it retains the option to buy its Russian subsidiary Avtovaz, sold to the Russian state

Renault's assets in Russia are now owned by the Russian state, the Russian Ministry of Industry and Trade announced on Monday, following the withdrawal of the French automaker following the invasion of Ukraine. But the French manufacturer retains an option to buy back its assets
Kharkivs Ka Oblast Ukraine General Renault Group Board Of Directors Renault Group Development Institute Engine Research

Red Bull F1 Engine Program Lures Former Engineering Boss from Mercedes

Red Bull F1 Engine Program Lures Former Engineering Boss from Mercedes Red Bull will soon join Ferrari as only F1 teams to build engines in-house and on site. By Joe Saward Clive Mason - Formula 1Getty Images Ben Hodgkinson comes to Red Bull from Mercedes, where he has been head of engineering for Mercedes AMG High Performance Powertrains for the past two decades. Red Bull’s engine program is the biggest investment made by the Austrian drinks firm since it set up the F1 team in 2005. ...
United Kingdom City Of Mark Thompson Christian Horner Aston Martin Ben Hodgkinson

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