Entrepreneur Gerard Lopez has today confirmed his interest in purchasing Renault's Formula One team.
Why would a bunch of venture capitalists want to buy into an F1 team? VC's only ever invest in things they can make a quick profit on or to asset strip and sell off the parts so for those 2 reasons alone it makes no sense. Plus their lack of experience in motorsport should put them firmly at the bottom of the queue. But knowing Renaults reputation for making bad judgements they'll probably get the gig.
"The business opportunities should rely not on making more out of the team, but it should be about making money out of the business platform we have." Says it all really - let a racer take over the team rather than someone just looking to line their pockets
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