According to the latest reports from La Gazzetta dello Sport [https://www.gazzetta.it], Russian billionaire Dmitry Mazepin is interested in buying out the Renault F1 team. While these are rumors, Mazepin could be the solution to Renault’s seemingly never-ending financial problems. NIKITA MAZEPIN TO THE RESCUE? For those unaware, Renault [https://www.essentiallysports.com/category/f1/renault/] is in the midst of a financial crunch. Due to Coronavirus, the French manufacturer suffered major losses in its road car division. Moreover, F1 has canceled or postponed nearly half the races on the 2020 calendar due to the global pandemic. Without any competitive running, teams lose out on sponsorship money as they’re unable to fulfill contractual obligations. As a result, many publications reported that the Enstone outfit could go under very soon. To make matters worse, French finance minister Bruno Le Marie confirmed that there was a real possibility of Renault disappearing from F1 [https://www.essentiallysports.com/tag/formula-one/]. Abiteboul, on the other hand, hasn’t affirmed or denied the reports. [https://www.essentiallysports.com/wp-content/uploads/rs20-1.jpg] If Renault really is in serious danger, Mazepin could pull off a Lawrence Stroll and keep the team alive. Back in 2018, Canadian billionaire and Lance Stroll’s father- Lawrence, bailed out Force India after the team entered administration. While he did save the Silverstone outfit from a certain collapse, he also secured a fairly competitive seat for his son in the process. Mazepin, like Stroll, has a son who’s rising through the ranks in the Junior Formulas. Nikita Mazepin is currently competing in F1’s feeder series, Formula 2, driving for Hitech Racing. F1 fans aren’t big supporters of “pay drivers” but the Russian could very well make it to F1 in the foreseeable future. RENAULT STAYING POSITIVE While, there’s a ton of speculation regarding Renault’s long-term prospects, the team has a concrete plan for the immediate future. Abiteboul recently outlined the team’s aspirations and a potential action plan for 2021 and beyond. Speaking to Motorsport.com, Cyril said: “Typically the competitiveness of the car is a representation of the competitiveness of the team “ “and the new people that we have” “Therefore the priorities of where we want to put our money is an indication that I want to have before I rush any decision. 

According to the latest reports, Russian billionaire Dmitry Mazepin is allegedly
interested in acquiring Renault as the team reels under a financial crisis.

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<h3>Cyril Abiteboul: Net Worth, Salary, and Endorsement</h3>
Cyril Abiteboul is the Managing Director in the Renault F1 team at present.

The Frenchman plays a significant role in the managing department.  However, Abiteboul has hopped around in several teams in his entire career life.

According to internet <a href="https://networthpost.org/net-worth/cyril-abiteboul-net-worth/">sources</a>, he has a Net Worth of $850,000. His net worth <a href="https://www.celebsagewiki.com/cyril-abiteboul">calculated</a> in this season approximates to $1-$5 million. Nevertheless, his salary and endorsements are under review.
<h3>Cyril Abiteboul: Career and Stats</h3>
Abiteboul completed his graduation from the Grenoble Institute of Technology in 2001. Following the course, he enrolled himself in the working arena instantly. In Renault at Boulogne-Billancourt, they appointed him to work at the Renault F1 website.

Further, in 2007, he claimed the post of Business Development Manager. Later, in 2010, he marched forward and became the Executive Director of Renault Sport F1.

In 2012, Abiteboul joined the Caterham F1 Team where he finally achieved the seat of Team Principal.

In 2014, he oscillated back to his former team-Renault. He is the present Managing Director of the team. However, he will officially be the team principal of Renault in the following season, 2021.
<h3>Cyril Abiteboul: Personal Life</h3>
The Frenchman was born in Paris, France on October 14, 1977. However, there are no details about his family. There are no announcements made by him about his dating life or affairs too.

His full name is Cyril Francois Roger Abiteboul. He subsequently pursued his education in his homeland.

The Renault Managing Director began his education in Lycee Carnot following to the Lycee Chaptal school. He further continued his tertiary education at the Ecole Nationale Superieure d'Informatique Mathematiques Appliquees.

Finally, in 2001, he graduated with a degree in Multidisciplinary Engineering from the Grenoble Institute of Technology.
<h3>Cyril Abiteboul: Charity and Foundations</h3>
The Frenchman holds no record of his support for charity and foundations on any internet website. However, it can be assumed that a man of such virtue believes in anonymous philanthropy.

He has kept his sponsorship, and charity confined within himself. Subsequently, he does not want the media to publish it.
<h3>How to contact Cyril Abiteboul?</h3>
The renowned F1 motor racing engineer and manager, Abiteboul, is not very active on social media platforms. He has no social media handles.
<h3>Cyril Abiteboul: Quick Facts</h3>
<table width="255">
<tbody>
<tr>
<td width="142">AGE</td>
<td width="112">43</td>
</tr>
<tr>
<td width="142">NATIONALITY</td>
<td width="112">French</td>
</tr>
<tr>
<td width="142">ETHNICITY</td>
<td width="112">White</td>
</tr>
<tr>
<td width="142">DATE OF BIRTH</td>
<td width="112">October 14, 1977</td>
</tr>
<tr>
<td width="142">MARITAL STATUS</td>
<td width="112">Single</td>
</tr>
<tr>
<td width="142">ENDORSEMENTS</td>
<td width="112">None</td>
</tr>
<tr>
<td width="142">YEARS ACTIVE</td>
<td width="112">2001-Present</td>
</tr>
<tr>
<td width="142">OCCUPATION</td>
<td width="112">Managing Director</td>
</tr>
</tbody>
</table>
<h3></h3>

Cyril Abiteboul

Cyril Abiteboul: Net Worth, Salary, and Endorsement Cyril Abiteboul is the Managing Director in the Renault F1 team at present. The Frenchman plays a significant role in the managing department.  However, Abiteboul has hopped around in several teams in his entire career life. According to internet sources, he has a Net Worth of $850,000. His net worth calculated in this season approximates to $1-$5 million. Nevertheless, his salary and endorsements are under review. Cyril Abiteboul: Career and Stats Abiteboul completed his graduation from the Grenoble Institute of Technology in 2001. Following the course, he enrolled himself in the working arena instantly. In Renault at Boulogne-Billancourt, they appointed him to work at the Renault F1 website. Further, in 2007, he claimed the post of Business Development Manager. Later, in 2010, he marched forward and became the Executive Director of Renault Sport F1. In 2012, Abiteboul joined the Caterham F1 Team where he finally achieved the seat of Team Principal. In 2014, he oscillated back to his former team-Renault. He is the present Managing Director of the team. However, he will officially be the team principal of Renault in the following season, 2021. Cyril Abiteboul: Personal Life The Frenchman was born in Paris, France on October 14, 1977. However, there are no details about his family. There are no announcements made by him about his dating life or affairs too. His full name is Cyril Francois Roger Abiteboul. He subsequently pursued his education in his homeland. The Renault Managing Director began his education in Lycee Carnot following to the Lycee Chaptal school. He further continued his tertiary education at the Ecole Nationale Superieure d&#8217;Informatique Mathematiques Appliquees. Finally, in 2001, he graduated with a degree in Multidisciplinary Engineering from the Grenoble Institute of Technology. Cyril Abiteboul: Charity and Foundations The Frenchman holds no record of his support for charity and foundations on any internet website. However, it can be assumed that a man of such virtue believes in anonymous philanthropy. He has kept his sponsorship, and charity confined within himself. Subsequently, he does not want the media to publish it. How to contact Cyril Abiteboul? The renowned F1 motor racing engineer and manager, Abiteboul, is not very active on social media platforms. He has no social media handles. Cyril Abiteboul: Quick Facts  AGE 43  NATIONALITY French  ETHNICITY White  DATE OF BIRTH October 14, 1977  MARITAL STATUS Single  ENDORSEMENTS None  YEARS ACTIVE 2001-Present  OCCUPATION Managing Director

Russian Billionaire Reportedly Interested in Buying out Renault

Nikita Mazepin to the rescue?

Renault staying positive