Renault to make a return to Formula 1 in 2016
French car manufacturer, Renault is mulling a return to the pinnacle of motorsport racing – Formula 1. Making things sound even sweeter, Renault is planning to return as a proper working team and not just as an engine supplier. This move has taken a step further as the company has just announced that they have signed a letter of intent for taking over existing team Lotus F1.
Renault is looking to re-invest in the sport. This can be attributed to many reasons including the fact that being a part of Formula 1 is a big brand builder. One can also invest a lot of money from sponsors on research and development of technologies that can be further added on to their future passenger cars.
The company is well aware of all the complications related with the sport. It was a part of the championship from way back in 1977 and tasted immense success in 2005 and 2006 when Fernando Alonso (now driving for McLaren F1) won two consecutive world championships (drivers’ and constructors’) while driving a Renault car. Anyhow, Renault has been supplying engines to Red Bull, but the deal was recently called off after a not so successful campaign.
Renault and Gravity Motorsports is planning to buy a majority stake in the Lotus F1 team and bring the Renault name back to pit lane garages. We hope that Renault develops a good car for the next season and signs in equally impressive drivers for the season in order to make the now debatably not so fun 2015 season. If we go and ask a few Renault fans that who would they like to have in the team, one of the names is surely going to be Fernando Alonso, but unfortunately, the driver has made it clear that he will not be changing teams for the next season.