Renault will not quit F1
French maufacturer will stay in F1 despite poor form
Renault will not quit Formula One despite seeing their fortunes take a nosedive, according to chief executive Carlos Ghosn.
The French team have suffered something of a fall from grace since Fernando Alonso won back-to-back World Championships in 2005 and 2006.
Last season they managed only third in the Constructors' Championship and, despite the return of Alsono, have so far struggled to find their form this time around.
But Ghosn remains confident that there is still time to turn the team's fortunes around before the season close and said that Renault would remain a force in F1 for many years to come.
Speaking to the Gazzetta dello Sport, he said: "We are committed to F1 for many years and we certainly won't leave while we're not winning."
"The fruits of our work on the way to recovery will be seen in the second part of the season. It's clear that I'm not happy with the results.
Ghosn also backed Alonso to stay with Renault on the long-term.
"Fernando is very important, he's given motivation and augmentations to the team, and he is a fighter and an honest person," he added
"It's up to us to give him a good car. I'm confident he'll stay with us.
"No marriage survives in F1 with a lack of results. Everyone in the team knows we must do more."