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Originally Posted by Stranger
Don't confuse Renault with Genii Capital (aka Renault F1) :-)
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If anything I find it more interesting that a venture capital outfit sees value in sportscar racing. Given that five of the seats with the Pescarolos seem to be 'reserved' for Genii drivers there's clearly some interest in using it to keep the drivers occupied and skilled in the absence of F1 testing, equally the EI article talks about some discussions at Renault F1 in Enstone about shared technological applications.
However is there something more motivating Genii to see that there's scope to recoup investment? VC companies tend not to do something for nothing - okay there's probably not a huge outlay involved in going sportscar racing, but they have to have an eye on a payback period and an idea of the overall value of the investment.