In August 2009, Briatore was heavily criticised by Nelson Piquet, Jr., the son of three-time F1 champion Nelson Piquet, after Piquet Jr. was removed from the Renault team. On his personal website, Piquet Jr. called Briatore his "executioner". In an interview with Autosport magazine, Piquet Jr. said that Briatore "is ignorant about Formula 1". Piquet Jr. criticised Briatore for his ego and for his poor sense of race tactics.
Briatore resigned as team principal of Renault due to a race fixing scandal. The controversy centred on an early crash involving Nelson Piquet, Jr.'s car during the 2008 Singapore Grand Prix of 28 September 2008, when he was still driving for Renault. At the time, Piquet Jr. described the crash as a simple mistake; however, shortly after his acrimonious departure from Renault and criticism of Briatore nearly a year later in August 2009, allegations surfaced that he had deliberately crashed to help Renault teammate Fernando Alonso, who went on to win the race. After a Fédération Internationale de l'Automobile (FIA) investigation, on 4 September 2009 Renault were charged with conspiracy and race fixing, and were due to face the FIA World Motor Sport Council in Paris on 21 September 2009. In return for immunity from punishment, Piquet Jr. had reportedly stated to the FIA that he had been asked to crash by Briatore and Renault chief engineer Pat Symonds. On 11 September, following leaks of Piquet Jr.'s evidence, Renault and Briatore stated they would take legal action against Piquet, Jr. for making false allegations. However, five days later, Renault announced they would not contest the charges and that Briatore and Symonds had left the team. The day after the Renault announcement, Renault confirmed Briatore had resigned from the team, while Briatore himself stated of his departure that "I was just trying to save the team", "It's my duty. That's the reason I've finished." The team issued the following official statement:
Following Briatore's ban from FIA, the Football League requested that FIA provide details of its investigation. The Football League could force Briatore out of QPR under rules that stipulate a club owner must be a "fit and proper person". The Football League also has the power to ban owners who have been banned from another sporting organisation. The Football League board discussed the matter on 8 October 2009 and declared that they would be awaiting a response from Briatore to various questions before commenting further. It was announced that he had stepped down from the post effective 19 February 2010.