Renault have announced that Frederic Vasseur is leaving his role as team principal with immediate effect.
After a first season spent relaunching and rebuilding its works F1 squad, Renault and Vasseur have agreed by mutual consent to part company as of today.
According to Renault, “both parties remain committed to maintaining the good working relationship they have enjoyed and expect this to take a new form sometime in the future.”
The team will provide full details of plans for their 2017 season when they present their new car next month on February 21.
In the meantime, the team will continue to be managed by Jerome Stoll, its President, and Cyril Abiteboul, its Managing Director.