WRC

Citroen WRC survives budget slashing

The Citroen World Rally Team has confirmed the redundancies and financial cutbacks announced by the French manufacturer last week will not affect the firm's commitment to the World Rally Championship.

 
Citroen WRC survives  - WRCAFP
 

PSA Peugeot Citroen revealed 8,000 redundancies and the loss of one car-producing factory on Thursday last week after it was announced that it had sold 13 per cent less cars around the world in the first half of 2012 compared with the same period in 2011.

There was immediate concern that Citroen's WRC campaign could be cut, in the same way Peugeot's endurance effort was canned at the turn of the year.

A spokeswoman from Citroen Racing said: "The announcement of last week won't impact our WRC programme. However, we are doing our best to look at options to reduce the financial support of the brand in our sporting package."

Citroen has existing driver contracts with Sebastien Loeb, Mikko Hirvonen, Nasser Al-Attiyah and Thierry Neuville. Loeb is currently considering a clause in his contract which would allow him to walk away from the team with which he has won eight world titles, if he should decide to retire at the end of 2012.

A decision from Loeb is expected in the coming weeks.

 - AutoSport
     
     
     
    Do not miss
    • TV guide

      Find detailed TV schedules for all Eurosport channel.

    • Mobile Applications

      Find all the sports news on iPhone, BlackBerry, Android and iPad.

    • Breaking News

      Follow up to the minute sports reports with Eurosport.

    Follow Eurosport.com
     
    On Facebook
     
    On Twitter
     
    On Mobile
    EurosportCopyright 2014
    Eurosport.com is available in other languages