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Red Bull renew Renault engine deal

Red BUll Racing has announced that they have extended their engine partnerdship with Renault for another five years.

The deal continues with the current V8 engines with KERS for 2012 and 2013, and then will switch to the new V6-turbo engiine regulations which are due to take effect in 2014.

Red Bull has been using Renault power since 2007, and won both the Constructors' and Driver's championships last season.

Bernard Rey, President of Renault Sport F1, said, "We are delighted that the Red Bull Racing- Renault partnership has been extended for a further five years, which will take us to a decade of collaboration. Red Bull Racing and Renault share the views that stability is a fundamental condition to perform at the top levels of competition. As well as being a unique opportunity to showcase the performance of the Renault engines at the highest possible level, it is also is a fantastic arena to develop the technology and expertise within the Renault-Nissan Alliance."

Managing Director of Renault Sport F1, Jean-Francois Caubet, said, "The V6 power units due to be introduced from 2014 represent a huge undertaking and to have the input, resources and vast inhouse F1 car expertise of Red Bull Technology will help the team at Renault Sport F1 in Viry-Chatillon specify, design and develop a competitive unit from the start of the new regulations and optimize its structural integration into the chassis. Having this particular support will of course be to the advantage of our other team partners, who will indirectly benefit from the joint expertise of the Red Bull Racing and Renault Sport F1."

Christian Horner, Red Bull Racing team boss, said, "We're obviously thrilled to announce this significantly enhanced agreement with the Renault-Nissan Alliance, who we have enjoyed a close working relationship with since 2007. Renault Sport F1 has always been very straight-forward to work with, which has been a contributing factor to the on-going success of the Red Bull Racing- Renault partnership. Together we have so far achieved 22 wins, 32 pole positions, 1130.5 World Championship points and two World Championships. As the relationship moves forward, we intend to build on this and look forward to working with the Renault-Nissan Alliance during future Formula One World Championship campaigns."