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Renault and Caterham drop sports car venture

Renault unveiled the Alpine A110-50 concept car on the sidelines of the 2012 Monaco F1 Grand Prix. The car is powered by a 400-hp, 3.5-liter V-6 engine mounted in a mid-rear position. (REUTERS\/Olivier Anrigo)
June 10, 2014 05:00 AM

PARIS (Reuters) -- Renault today said it has scrapped plans to build a high-performance model for British specialist sports car brand Caterham.

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