Renault Renews Contract with Rennes, Adding €70 million to the Release Clause

Renault has renewed its contract with Rennes for the remainder of the season and is adding an additional €70 million to the release clause in the new season.

The French club, which currently have a record of 21 wins out of their 28 games this season, are looking to make some changes to their squad next season. The team's president, Cyril Hanouna, recently spoke about his plans for the upcoming campaign and indicated that he would like to bring in some reinforcements if possible.

Renault, on the other hand, is looking to strengthen its attack by signing a number of top players from other clubs in Europe. This could include players such as Thierry Henry and Robert Lewandowski, who are both highly regarded in the Bundesliga.

Renault also announced that it will be using the money generated by the contract renewal to invest in new equipment and technology. The company hopes to use the funds to improve its performance on the track and to develop its own Formula One engine.

However, Renault's decision to renew the contract with Rennes is not without controversy. Some fans believe that the move was motivated by the club's financial difficulties, while others argue that the move was purely strategic.

Regardless of the reason behind the decision, the fact that Renault is still willing to sign top players means that they are likely to continue making moves in the F1 market in the future. The team has shown great promise in recent years, so it remains to be seen how well they perform in the upcoming campaign.