Team Lotus confirmed that its engine agreement with Renault Sport F1 will be extended to the end of 2013, an additional year. This will also mark the V8 engine formula’s end as the goal of this collaboration is to continue working until the new regulations for engines come into full effect.
In addition, both Renault Sport F1 and Red Bull Technology will be responsible for delivering to the Anglo-Malaysian squad, for the first time, the KERS systems as long as the agreement is in force.
According to Team Lotus Team Principal Tony Fernandes, this partnership has been good since day one and the company is happy that not only Renault Sport F1, but Red Bull Technology as well, will have an important part to play especially on the current development of the team. At least until 2013, he emphasizes. With this, the company hopes to continue working with its partners especially when new rules come into play, he continues.
Not only are the two companies passionate, but they have a dedicated team of people with whom the company already has a growing relationship and create different opportunities for the company in the future, Fernandes says further.
The two companies have the same vision as Team Lotus when it comes to how the team will move forward and Team Lotus is more than proud to have them helping. Fernandes continues by saying that not only will Team Lotus be able to make everything based on their experience working with the two starting 2011, they also get to experience an added advantage with the KERS as it is indeed a big step forward for them.
The team has done what it can for this year, he shares, but without that added power, they are always operating on a level different from the other teams. As such, this will give drivers those enhancements that will not only help them catch up with the cars ahead but to also be able to compete with them, Fernandes concludes.
Meanwhile Renault Sport F1 Managing Director Jean-François Caubet reveals that for this year, it has managed to build a solid foundation with Team Lotus and with this current agreement, it has managed to strengthen this relationship and is looking forward to continue this in the years to follow.
Since Renault joined F1 in order to have the opportunity to show its product’s quality, Director Caubet continues, the group needed to have a relationship with a team that has potential.
The different steps that Team Lotus has done, both on and off the racing track, he says further, with its facilities and technical structure, have convinced Renault that it can achieve its goals. Since the KERS plays a significant role in competitive performance like the F1, Renault expects that with this deal, it can continue and grow.
By having a wider experience when it comes to utilizing the KERS system, Renault will be able to assist in developing powerful energy recovery systems that can be presented for future engine regulations.