PARIS -- Renault CEO Carlos Ghosn says the automaker will announce whether it will stay in Formula One racing before the year ends.
Asked Thursday if Renault plans to pull out of the sport, he said the company will announce its "strategy in terms of Renault's role in Formula One" before 2010.
Renault's reputation was recently damaged by a crash scandal that led to team principal Flavio Briatore's indefinite ban from the sport. Briatore ordered former driver Nelson Piquet Jr. to crash at the 2008 Singapore Grand Prix to improve teammate Fernando Alonso's chances of victory.
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