Formula 1 team Alpine has ditched their five-year plan, where they aimed to be competing for the championship in 100 races since they rebranded to their current moniker in 2021, as declared by then CEO Laurent Rossi.
The team was previously known as Renault, the parent company of the luxury car brand of the same name.
The France-based outfit has failed to surpass its own expectations for the ongoing season, currently sitting in sixth place in the Constructors' standings after finishing fourth last year. The 100-race plan stated that the target would be the grid's third-best team in 2023.
Renault CEO Luca De Meo admitted that they are behind the goals that they set two years ago.
"Not that I forced them to set targets, but they set them themselves. They communicated them, and it didn't work because we didn't have the right trajectory. You have to work on it," the 56-year-old businessman said.
De Meo added that they theoretically have the resources to do well with a well-financed team.
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Major personnel changes for Alpine
There had also been a major shake-up in the team's leadership recently, with team principal Otmar Szafnauer, sporting director Alan Permane, and chief technical officer Pat Fry leaving after the 2023 Belgian Grand Prix.
Meanwhile, former CEO Laurent Rossi was reassigned to a different department.
These personnel changes could be attributed to the team's dismal performance on the track.
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