Renault Sport F1 is preparing to launch its complete 2016 car livery for the new season in Melbourne on 16th March, two days before the season gets underway with the Australian Grand Prix.

Having completed the takeover of the former Lotus F1 team during the winter, Renault unveiled an interim livery at its team presentation in Paris which was used during pre-season testing.

It is believed the glossy black with yellow highlights is likely to be inverted so the RS16 is predominantly yellow which would match the team's kit and garage decoration.

Renault is preparing for its return as a fully-fledged team in F1 for the first time since 2010 when it scaled back its efforts and became an engine supplier.

The French manufacturer has shaken up the team's driver line-up with third and reserve driver Jolyon Palmer graduating into the race seat vacated by the Haas-bound Romain Grosjean, while Kevin Magnussen has replaced Pastor Maldonado after his sponsorship deal fell through.