Renault and Williams Announce F1 Chassis-engine Partnership for 2012

Renault Sport F1 and Williams F1 are have announced a long-term chassis-engine partnership which will see the teams collaborating for the 2012 season. Under the newly-signed deal Renault Sport F1 will provide AT&T Williams with its V8 engines for both the 2012 and 2013 seasons. In addition, several other business and marketing ventures will come as a result, and it’s expected the deal will continue after the move to turbocharged V6 engines in 2014.

The original Anglo-French deal enjoyed a success between 1989 and 1997, yielding four Drivers’ and five Constructors’ titles and 63 race wins.

“Renault remains in Formula One to achieve success in a cost efficient way and the partnership with Williams has great potential to add to the results we have notched up over recent years with our other partner teams. Williams has recently taken several important steps, both commercially and technically, to update its operations and we feel that this partnership is another important step in its rigorous plan. It reiterates how determined the team is to achieve results, which matches perfectly with our own objectives,” Renault Sport F1 president, Bernard Rey, commented.

Renault is keen to make the most out of its Formula One activities, so the company is happy to attract new partners, as this also allows it to enhance its marketing activities. The Renault Sport F1 president sayd the deal will make it a market leader on the field, as it now has four partnerships.

“We are delighted and excited by our new partnership with Renault. This reunites the F1 team with a leading car manufacturer and complements our new relationship with Jaguar. At the same time, we are grateful to Cosworth: they have been a fair and reliable partner both on and off the track for the past two years and we look forward to working with them across our business in the future,” said Frank Williams, Team Principal of AT&T Williams.