Renault wants to quit ‘breakaway’ group

(GMM) Renault wants to withdraw from the carmakers' 'GPMA' alliance and sign Bernie Ecclestone's new 2008-2012 Concorde Agreement.

Pulling out of the 'breakaway' pact, however, is proving troublesome, as – together with members BMW, Mercedes, Toyota and Honda – the quintet signed an agreement that binds them together until September, according to 'Auto Motor Und Sport' magazine.

But with the prospect of missing out on Ecclestone's latest offer, Renault is reportedly now ready to join Ferrari, Williams and four other teams in pledging their future to the F1 supremo and the FIA.

The French carmaker's new F1 president, Alain Dassas, is alleged to have now told fellow carmakers that it would like to withdraw, but the other GPMA members are insisting that Renault honor its agreement.

Dassas' predecessor, Patrick Faure, signed the binding 'GPMA' promise.

Renault's withdrawal would put seven of F1's eleven current outfits on Bernie's side, with David Richards and 'Prodrive' almost certain to tread the same path.

The GPMA's collective qualm with the current Ecclestone offer is that it offers ten per cent less of F1's revenue than they desire.

Bernie, 75, said: ''The difference (between what is an offer and what the GPMA wants) is (USD) $20 million at the most.''

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