“Renault is delighted to announce an expanded agreement with Red Bull Racing and the arrival of a new customer, 1Malaysia Racing Team (UK) Ltd,” announced Bernard Rey, President of Renault Sport, in a press release.
“These new agreements mean that Renault engines will power three teams next year – in simple terms, 25% of the cars on the grid. We remain firm believers in the benefits of our successful involvement in F1: it positions Renault as a technological leader, and boosts awareness of the brand across the globe.”
In addition to confirming the new deals, Renault announced that its presence on the Red Bull cars will increase for the upcoming two campaigns. “The Renault brand will now be visible on the nose cone and driver helmets in addition to its traditional home on the engine cover,” added the statement.
The changes to the Red Bull livery for its RB6 cars will become effective starting this very weekend, during the Brazilian Grand Prix.
Both deals were previewed by countless rumors on the engine situation for 2011. While Red Bull's owner Dietrich Mateschitz recently confirmed to the media that the Milton Keynes organization will continue its partnership with Renault for 2011, Lotus did the same, only not with so many words.
However, the fact that they put an end to the partnership with Cosworth a few weeks back was a clear suggestion that Lotus wants to focus on a future partner, and the confirmation came today.
“Today’s announcement is the latest confirmation of how far this team wants to go in Formula One. Having worked with Renault before I know exactly what they will bring to our team and I am delighted that they will be playing an integral role in the next chapter of our story,” said Lotus F1 team's technical officer Mike Gascoyne.
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