Business
Renault-Dumarey deal preserves 150 jobs at F1 site
Livemint·
Renault Group agreed to sell Alpine Racing SAS's Viry-Chatillon engine facility to Belgium's Dumarey Group, transferring about 150 employees and assets. Renault announced in 2024 it would stop as an engine supplier after the 2025 Formula One season. Dumarey said all entity staff would transfer. Financial terms were not disclosed. Champions including Alonso and Vettel won titles in Renault-powered cars.
Prism
What It Means For You
- About 150 engineering jobs continue at Viry-Chatillon under Dumarey after the sale completes.
- Alpine Racing SAS will compete in Formula 1 under Dumarey ownership post-acquisition.
- Renault had planned to end engine supply after the 2025 season.
What's Happening
- Both groups signed an agreement for Dumarey to acquire teams and tangible and intangible assets.
- Guido Dumarey cited combining Viry engineering with Dumarey's industrial footprint.
- Alpine tech vice president Alex Plasse said the deal opens new prospects for employees.
Alpine engine site future
- Renault on the track
- Renault engines powered Nigel Mansell, Michael Schumacher and Fernando Alonso among champions.
- The Viry site built a reputation for advanced engineering and innovation.
all-news
