Briatore to take on revised role at Renault

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Renault F1 Team Boss Flavio Briatore will take on a revised role within the team next year. At the end of 2008, Briatore's contract with Renault expires, but until this moment the Italian refused to sign a new deal until the future direction of the team and Formula One have been settled.

Despite this, Flavio Briatore declared to the Italian newspaper 'Gazzetta dello Sport': "In 2009 I won't have a 360-degree role anymore. There will be a director, who I've already spotted, to take care of day-by-day management. That way I'll be able to concentrate on the most important things."