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Caterham, Renault to work together on sportscar project

F1 partners Caterham and Renault have announced that they are to work together on a sportscar project that will result in models from both marques.
Caterham and Renault may have become a recognised combination on the grand prix grid over the past two years, but look set to extend their working relationship into other areas.

The Caterham Group has revealed that it is to join forces with Renault to design, develop and build 'distinctive' sportscars that will carry the respective DNA of two famous sporting brands, Alpine and Caterham.

The UK-based, Malaysian-owned Caterham Group will take a 50 per cent stake in the Automobiles Alpine Renault company, which is currently 100 per cent held by Renault SAS. The Société des Automobiles Alpine Caterham which results from the partnership will take effect from January 2013.

“I have not felt as excited about a new venture since I launched AirAsia in 2001, and I want to thank Carlos Ghosn and Carlos Tavares and everyone in our new Renault family for having the belief in Caterham Group to create this partnership,” chairman Tony Fernandes acknowledged.

“Many people doubted us eleven years ago when we launched our airline and I am sure that there will be doubters again this time, but we will not fail your trust. We know the markets we are going into and, particularly in my playground in Asia, there is a huge opportunity to replicate the AirAsia model and give consumers access to exciting, affordable products that marry our interests in F1 and technology and help make their dreams come true.”

The new partnership will be managed by Bernard Ollivier, who will oversee production at the Alpine plant in Dieppe. The project, which ensures the Dieppe plant a sustainable future, was made possible thanks to substantial support and commitment provided by both the French government and the Région Haute Normandie, which also involved the contribution of Dieppe Maritime.

“This innovative partnership with Caterham embodies a longstanding ambition: the creation of a sports car with the Alpine DNA,” Renault chairman and CEO Ghosn commented, “It carries both opportunities for the Dieppe plant and the development of its historic know-how.”

The partnership picks up from where Fernandes' ambitions of establishing his group as a major player in the sportscar market foundered with Lotus.

“F1 was always our entry point into the car business,” Caterham deputy chairman Dato Kamarudin Meranun emphasised, “Our original plans to develop a partnership with Lotus were put aside in spectacular and well documented style, but now we have a far better chance to develop Caterham Cars in partnership with Renault, working with Caterham Technology who are also integrally involved in this new venture.




Related Pictures

Click on relevant pic to enlarge
Qualifying: Vitaly Petrov (RUS) Caterham F1 Team CT01
Qualifying: Vitaly Petrov (RUS) Caterham F1 Team CT01
15.04.2012 - Race, Tony Fernandes, Caterham F1 Team, Team Principal, and Mike Gascoyne
07.02.2012 Jerez, Spain, Caterham F1 Team nose cone  - Formula 1 Testing, day 1 - Formula 1 World Championship
21.09.2014 - Race, Marcus Ericsson (SUE) Caterham F1 Team CT-04
21.09.2014 - Race, Kamui Kobayashi (JAP) Caterham F1 Team CT-04 retires from the race
21.09.2014 - Race, Kamui Kobayashi (JAP) Caterham F1 Team CT-04 retires from the race
21.09.2014 - Race, Kamui Kobayashi (JAP) Caterham F1 Team CT-04 retires from the race
21.09.2014 - Race, Kamui Kobayashi (JAP) Caterham F1 Team CT-04 retires from the race
21.09.2014 - Race, Fernando Alonso (ESP) Scuderia Ferrari F14-T leads Marcus Ericsson (SUE) Caterham F1 Team CT-04
21.09.2014 - Race, Marcus Ericsson (SUE) Caterham F1 Team CT-04 leads Kevin Magnussen (DEN) McLaren Mercedes MP4-29
21.09.2014 - Race, Cyril Abiteboul (FRA) Renault Sport F1 Managing Director and Helmut Marko (AUT), Red Bull Racing, Red Bull Advisor
21.09.2014 - Race, Cyril Abiteboul (FRA) Renault Sport F1 Managing Director and Helmut Marko (AUT), Red Bull Racing, Red Bull Advisor
21.09.2014 - Race, Jules Bianchi (FRA) Marussia F1 Team MR03 leads Marcus Ericsson (SUE) Caterham F1 Team CT-04
21.09.2014 - Adrian Sutil (GER) Sauber F1 Team C33 and Kamui Kobayashi (JAP) Caterham F1 Team CT-04
20.09.2014 - Qualifying, Marcus Ericsson (SUE) Caterham F1 Team CT-04
20.09.2014 - Free Practice 3, Kamui Kobayashi (JAP) Caterham F1 Team CT-04
20.09.2014 - Free Practice 3, Marcus Ericsson (SUE) Caterham F1 Team CT-04

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Jokkie - Unregistered

November 06, 2012 10:03 AM

Great news, Caterham know light weight sports cars, Renault know how to make car parts - at last Renault may have worked out how to use F1 to boost their brand(s)......

Nanbawan - Unregistered

November 05, 2012 8:56 PM

There have been a lot of signals about these two getting closer. Will Caterham be a brand of the Renault-Nissan alliance at some point ? Will the F1 team become Renault's semi official or even official F1 team maybe under the Alpine name ? Anyway, nice to hear the return of the Alpine brand on the road with some French flair GT being back on highways and who knows, maybe on tracks. At last, some French non FWD sport car to dream about. OK, there is the Bugatti which is historically and administratively registered as a French marque as a subsidiary of the VW group but that ain't exactly the same.



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