Renault F1 team made £7.4m loss in 2018

The team's overall turnover rose from £136.3m in 2017 to £146.6m last year.
The latter figure was boosted in part by the rise from ninth place in the 2016 world championship to sixth in 2017, with the benefits being felt in the following season, as well as increased sponsorship.
However, despite the increased turnover, a modest profit of £1.1m in 2017 became a loss of £7.4m last ...Keep reading