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Aside from Mark Webber's stunning win, Renault had another reason to celebrate in Monaco this past weekend as the French firm introduced the new Alpine A110-50 Concept to mark the 50th anniversary of its legendary mid-engined sports car. The presentation took place on the eve of the Monaco Grand Prix, with Renault's Chief Operating Officer Carlos Tavares wearing his race suit to drive the 400-horsepower, mid-engined racer around the Circuit de Monaco.
Speaking to French journalists during the media presentation, Tavares admitted that Renault is indeed considering to revive the Alpine brand with a final decision to be taken "before the end of the year".
"There's at least a 50 percent chance of that happening [the re-launch of Alpine] with the introduction of a single model to begin with, priced between 30,000 and 100,000 euros (US$37,000 to US$125,000)," said Tavares, according to the AFP.
The Renault boss added that if the Alpine sub-brand gets the green light, it will have a new model ready in "three to five years".
