Lotus this morning confirmed that it will continue to use Renault power for “2014 and beyond”.
“Lotus F1 Team and Renault Sport F1 have enjoyed a successful partnership these past few years and we look forward to continue to build on our relationship and collaboration in 2014 and beyond. It is the beginning of a new era in Formula 1 and we are pleased to embrace it together with Renault Sport F1,” said Lotus CEO Matthew Carter.
The deal, which according to a BBC report is for five seasons, continues a partnership begun when Genii Capital bought a majority stake in the Renault team in 2009 and then following the investment company’s 100% acquisition of the team in 2010.
Renault Sport F1 President Jean-Michel Jalinier added that the announcement had been timed to coincide with the public debut of the E22 this week, though the car had run with the new Renault power unit at a shakedown test in Jerez recently.
“We are pleased to see our partnership officially confirmed as the E22 takes to the track for its first official test,” said Jalinier. “The relationship between Viry and Enstone has gone from strength to strength over the past few years. This is illustrated in no better way than the excellent – and very close – collaboration on the 2014 car, which is more technically complex than any previous designs. We hope this spirit will pay dividends on track this season and going forward into the new F1 technical era.”