Red Bull Racing has extended its deal with Renault Sport F1 for a further five years, it was announced today, and as such, the new 1.6 V6 turbo engines to be introduced from 2014, will be incorporated into the framework of this 'enhanced collaboration'.
The Red Bull-Renault collaboration started back in 2007 and last year the Milton Keynes-based squad secured both the Drivers' and Constructors' Championships. At present Red Bull Racing leads the F1 2011 Constructors' Championship with 131 points, while reigning F1 World Champion Sebastian Vettel comfortably leads the Drivers' title race too.
Under the new agreement a 'joint technical venture' will be set-up, in which Red Bull Technology and Renault Sport F1 will collaborate to develop 'innovative technical solutions' for the new V6-based power units.
“We're obviously thrilled to announce this significantly enhanced agreement with the Renault-Nissan Alliance, who we have enjoyed a close working relationship with since 2007,” said Red Bull Racing team principal, Christian Horner.
“Renault Sport F1 has always been very straight-forward to work with, which has been a contributing factor to the on-going success of the Red Bull Racing-Renault partnership. Together we have so far achieved 22 wins, 32 pole positions, 1130.5 World Championship points and two World Championships.
“As the relationship moves forward, we intend to build on this and look forward to working with the Renault-Nissan Alliance during future F1 World Championship campaigns.”
Jean-Francois Caubet, managing director of Renault Sport F1, added: “The V6 power units due to be introduced from 2014 represent a huge undertaking and to have the input, resources and vast inhouse F1 car expertise of Red Bull Technology will help the team at Renault Sport F1 in Viry-Châtillon specify, design and develop a competitive unit from the start of the new regulations and optimize its structural integration into the chassis.
“Having this particular support will of course be to the advantage of our other team partners, who will indirectly benefit from the joint expertise of the Red Bull Racing and Renault Sport F1.”
Bernard Rey, president of Renault Sport F1, meanwhile, has also welcomed the new deal: “We are delighted that the Red Bull Racing-Renault partnership has been extended for a further five years, which will take us to a decade of collaboration,” he continued.
“Red Bull Racing and Renault share the views that stability is a fundamental condition to perform at the top levels of competition.
“As well as being a unique opportunity to showcase the great performance of the Renault engines at the highest possible level, it is also a really fantastic arena to develop the technology and expertise within the Renault-Nissan Alliance,” Rey summed-up.