Renault Sport has announced it is to withdraw its funding of the Formula Renault 3.5 championship from 2016.

Formula Renault 3.5 has received Renault Sport's backing for the past eleven years and has become one of Formula 1's most prominent training grounds by introducing the likes of Daniel Ricciardo, Sebastian Vettel and Will Stevens to the higher echelons of motorsport.

The flagship series will be removed from the fold of World Series by Renault's competition in what is thought to be reaction to the changing F1 super license points but Formula Renault 2.0 Eurocup and the Renault Sport Trophy will remain the focus going forward. The 2.0 litre category has itself acted as an introduction to the 3.5 litre counterpart over the past eleven years with the help of its 500,000EUR prize money.

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The championship once appeared under the guise of the World Series by Nissan before a Renault take over in 2005. The first FR3.5 title was won by former F1 driver Robert Kubica with Toro Rosso's latest recruit Carlos Sainz Jr acting as the current championship holder.

Fortec Motorsports' Oliver Rowland leads the way in 2015 and will enter the next round at Silverstone as championship leader.