Renault would back the implementation of a Formula One budget cap and say it has been "sensibly" building its team until a decision is made on the issue.
A budget cap is one of the political issues facing F1 owners Liberty Media in its sophomore season. F1 CEO Chase Carey last year said teams are in "broad agreement" on the issue, with a seasonal figure of £150 million per team believed to be the original proposal.
F1's smaller teams have traditionally been the strongest advocates of such a measure but Renault's chief technical officer Bob Bell thinks it is essential for the series to reduce the disparity in budgets across the grid.