Briatore is in stable and good conditions

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Former Formula One Renault team boss Flavio Briatore is in hospital after contracting Covid-19, but a statement from his staff claimed that the 70-year-old is in ’good and stable’ conditions.

Briatore is believed to have been taken to the San Raffaele hospital in Milan after showing severe symptoms of the Covid-19 coronavirus. According to reports in Italy, Briatore was in a serious condition, though he is not is intensive care.

Contradicting the earlier reports, the 70-year-old Italian’s staff communicated in a statement that he is in ’good and stable’ condition.

Briatore joined Formula 1 in 1988 as the commercial director of the Benetton team. He became later the team principal of the Luciano Benetton-founded outfit and later the Renault F1 Team.

He achieved his most significant success with Michael Schumacher and Fernando Alonso. He helped the German secure his first two Formula One titles in 1994 and 1995 with Benetton. The Italian was also team principal of the Renault F1 Team when Fernando Alonso secured his two championship titles in 2005 and 2006.