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Formula One
F1: Renault Uses Twitter To Dismiss Rumors
According to the Renault team's official Twitter page, its former parent company isn't buying the team back...
SPEED Staff / GMM  |  Posted September 02, 2010   GMM Newswire
Renault used its official Twitter account to make light of a report that Robert Kubica might be leaving for Ferrari next year. (Photo: LAT Photographic)
Renault F1 has scoffed at reports suggesting its former French carmaker parent is considering buying back the Enstone based team.

Amid the car sales crisis and economic downturn, and the damaging crashgate scandal, Renault SA sold a rumored 85 percent of the team that still bears its name to Luxembourg-based investment firm Genii Capital.

But Finland's Turun Sanomat claimed the carmaker's financial situation has dramatically improved to the point that it is interested in returning wholeheartedly to F1.

"Rumor mill in overdrive with some creative stories on the web," Renault F1 said via its official Twitter account.

"For the record, Renault are very happy with the Genii partnership, great visibility and a good relationship. No plans to change," added RF1paddockpass.

Renault also dismissed rumors that Felipe Massa could be headed to Renault next year, with Robert Kubica linked once again to Ferrari.

"Has anybody seen Robert and Felipe standing next to each other? I'm not sure they'd fit in each other's seats if they swapped," wrote the team's Twitter author.

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