Renault team president Bernard Rey on Monday said the Enstone based squad has the support of the French manufacturer for the 2009 season.

Renault team president Bernard Rey on Monday said the Enstone based squad has the support of the French manufacturer for the 2009 season.

"The team will be supported by the whole (Renault) Group throughout the challenges that lie ahead this year," he said on the day the new R29 single seater was unveiled in Portugal.

After Honda pulled out of the sport before Christmas, speculation turned to whether other manufacturers in F1 would succumb to the current slump in car sales.

But Renault team boss Flavio Briatore said at the Portimao circuit: "I promise you someone else is in more difficulty than us."

He also seemed to indicate a longer-term involvement in F1 for Renault by dismissing recent reports that his own tenure will end in two years.

"I never said that to the Italian newspapers," the Italian declared.

 

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