Renault F1 to cut back French base

(GMM) Renault is set to radically cut back formula one operations at its Viry-Chattilon engine facility in France, reports on Friday say.

Citing union sources, the weekly French newspaper Le Canard Enchaine said Renault will embark on a "reorganisation plan" that will effectively halve the size of the facility, including drastic reductions in staff levels.

Renault's formula one single seaters are designed and manufactured at Enstone, a village in the English county Oxfordshire.