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Dassas to step down at Renault 04 Sep 2007

Alain Dassas (FRA) Renault CEO.
Formula One World Championship, Rd 5, Monaco Grand Prix, Qualifying Day, Monte-Carlo, Monaco, Saturday, 26 May 2007

Renault confirmed on Tuesday that Alain Dassas, President of the company’s Formula One team, will leave his position with the French squad later this month. Dassas, who took over from Patrick Faure as President in April 2006, will become Nissan's chief financial officer.

“My time as President of the Renault F1 Team has been a rich, rewarding experience in personal and professional terms,” explained Dassas. “The Renault F1 Team is a world-class group of highly-motivated, competitive individuals and it has been a privilege to take part in the adventure. From a professional point of view, we have achieved the objective set when I assumed this role: to engineer a detailed, long-term commitment to Renault's Formula One future.

“The team is in good health, and well-placed to return to the front of the field next season. I wish them every success and while I look forward to my next challenge within the Renault Nissan Alliance.”

Dassas, who presided over the team's second successive double world championship victory last season, will be replaced by Bernard Rey, currently Senior Vice President, Renault CEO Office. Rey, who was responsible for Nissan's global motorsport activities earlier in his career, will assume his new role on Monday, September 17, after the Belgian Grand Prix.

“I am greatly looking forward to returning to the world of motorsport,” said Rey. “The team is preparing to return to the highest level next season, and is well-placed to do so in terms of personnel and resources. It is a highly-capable group led by Flavio Briatore, whose abilities are well-known. I look forward to enjoying many future successes together.”