Renault Group CEO Luca de Meo announced a shock departure from his role at the Alpine Formula 1 team’s parent company.

The Renault board accepted his resignation, which after a 30-day notice will come into effect on 15 July. De Meo will remain in his role until then as the board identifies a successor.

“There comes a time in one’s life when one knows the job is done,” De Meo was quoted as saying.

[De Meo] was also key behind the decision to abandon the squad’s works engine programme in Viry-Chatillon for 2026 - Mercedes will power Alpine F1 cars next season - while bringing on board fellow Italian Flavio Briatore as executive advisor last year.