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2015-09-16 12:09

IT'S OVER: Renault boss Carlos Ghosn has confirmed its engine supplier days will come to an end after the 2015 F1 season. Image: AFP

Frankfurt, Germany - Carlos Ghosn has confirmed that Renault will cease to be merely an engine supplier in F1 beyond the end of 2015.

"We have said very clearly: it's over," Ghosn said at the 2015 Frankfurt auto show.

Currently the supplier to Red Bull and Toro Rosso, who are reportedly set to switch instead to Ferrari power in 2016, Ghosn confirmed that talks with Lotus about buying the Enstone team are taking place.

'We are not in a hurry'

He also admitted that quitting F1 altogether is a possibility.

Ghosn said: "We are not in a hurry, we are taking our time."

He said the biggest problem with the Red Bull arrangements was that when the team was struggling, it openly blamed Renault.

Ghosn said: "When we won championships, unfortunately the name Renault was never mentioned. We gained the impression that the investment paid off only very weakly."

Cash-starved Lotus, set to face another petition to have it placed in administration on Friday, is now nervously waiting for Renault's decision.

Force India deputy Bob Fernley, referring to the Lotus situation, told the October edition of F1 Racing magazine: "I fear for the future of the smaller teams if it doesn't get resolved. I'm not sure that either CVC or the manufacturer teams are even listening - or care. And that's my biggest concern."

Read more on:    renault  |  motorsport  |  formula 1

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