Alain Dassas the Renault F1 PresidentRenault confirmed today that Patrick Faure, President of the Renault F1 Team, will retire after 27 years in numerous positions of responsibility at Renault, in particular at the head of the Sales & Marketing Department and as Chairman and CEO of Renault V1 and Renault Sport.
He will be replaced on April 3 by Alain Dassas, currently Senior Vice President of Financial Operations and member of the Management Committee.
After Renault’s double Formula 1 victory in 2005, Carlos Ghosn paid homage to the performance of the Renault team under the guidance of Patrick Faure, saying "For the company, this Formula 1 victory is a historic event.
It is the fruit of Renault`s investment and the determination of the entire F1 team, and demonstrates that Renault is capable of excellence. Together with Alain Dassas, our objective is to maintain the successful momentum of the Renault F1 Team."
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