Flavio Briatore is quitting Renault and Pat Symonds is stepping down too as Renault decides not to dispute claims that the Nelson Piquet Junior was ordered to deliberately crash his Formula One car at last year’s Singapore grand prix.

The crash resulted in Renault’s other driver, Fernando Alonso, winning the race. The high profile figures of Briatore and Symonds have quit before Renault appears in front of the FIA to face the allegations.

The Renault Formula One team has released a statement saying: “The ING Renault F1 Team will not dispute the recent allegations made by the FIA concerning the 2008 Singapore grand prix. It also wishes to state that its managing director, Flavio Briatore, and its executive director of engineering, Pat Symonds, have left the team.

Continue reading: Flavio Briatore and Pat Symonds quit Renault over scandal: breaking news

Ross Brawn is set to auction some of the historic pieces from the old Honda Formula 1 team. And in another act of liquidity, it appears Renault has also taken a similar decision. But there’s a catch: none of the models will be sold as whole cars, with only single components being available.

At the next Silverstone Classic Race Meeting Ross Brawn will sell the chassis of the BAR and Honda, which partecipated in F1 seasons from 2001 to 2006. And for the joy of fans, the prices are not stratospheric, with the 2001 BAR apparently up for grabs at 8,000 euros. As far as decorative pieces go, it’s not bad memorabilia.

The only dissatisfaction is likely to be for Brawn, as the auction proceeds will be far inferior to the 20 million pounds that the team has lost for the rights to the Honda name, and therefore revenue, that haven’t been recognised.

At the Silverstone GP Renault is to promoted a similar initiative, with chassis, engines and other components of F1 that have participated in the British gran prix up for sale. It looks like the right time to be collecting bits and pieces of memorabilia.

Source | PistonHeads

Continue reading: Formula 1 sales from Brawn and Renault