Renault reaffirms commitment to F1

Formula One team, Renault, has moved to quell speculation that it will walk away from the championship if its performance does not improve soon.

The squad, which has not won a race since Fernando Alonso triumphed in the 2006 Japanese Grand Prix, has notched up just 60 points since the end of the 2006 campaign, contrasting starkly with the 191 tallied in 2005 and 206 the following year.

Renault’s chief executive, Carlos Ghosn, however, dismissed suggestions that Renault will withdraw from the top flight should it fail find a return to form, saying: "We are committed to F1 for many years. 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".

The 33-times grand prix winners are currently seventh in the title standings after the opening third of the season.