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Discuss the 2017 Formula One Australian Grand Prix here.

Featured Renault complete Lotus takeover ahead of the 2016 season

Discussion in 'Formula 1' started by Thomas Hinss, Dec 21, 2015.

  1. Thomas Hinss

    Thomas Hinss
    Aussie Commentator and Writer Premium

    kubi_rena_vale_20102.jpg Following months of speculation, Renault have completed their takeover of the Lotus Formula One team, which marks their return to the sport as a constructor.

    The French automotive giant has finalised its deal after months of rumours roaming around the Formula One paddock, with its lawyers telling an insolvency judge, “We have the keys, so to speak."

    As a constructor the team has won four F1 drivers’ titles – two as the Benetton team in 1994 and 1995 with the legendary Michael Schumacher, as well as two more ten years later in 2005 and 2006 as Renault with Fernando Alonso.

    A bankruptcy petition that would have put the team into the dreaded state of administration was formerly dismissed. In 2009, after a fall from grace during the 2008 season both in form and reputation following the Nelson Piquet Jr. incident at the Singapore Grand Prix, the team was sold by Renault to Genii Capital. This decision meant the French manufacturer was no longer a constructor in the sport, however they did continue in Formula One as an engine manufacturer .

    The manufacturer found a string of successes with Red Bull and Sebastian Vettel winning four straight world titles between 2010 and 2013. However, the relationship soured between the two after Renault’s inability to build a competitive V6 power unit, following rule changes for the 2014 season. As a result, Red Bull - who had a contract with the manufacturer until 2016 - broke it off in the summer in an attempt to find a different engine supplier.

    A row with F1 commercial boss Bernie Ecclestone over prize money put Renault’s buy-out of Lotus in doubt, but an agreement was eventually reached, with some sources claiming the French giant’s commitment to the sport may go until 2024.

    The team’s drivers for next season will be Venezuelan Pastor Maldonado and British rookie Jolyon Palmer, who drove for Lotus as a reserve driver during the 2015 season. Interestingly, both drivers were signed by Lotus while the rumoured Renault takeover was in doubt.
    The job of Team Principal is expected to be taken by Frenchman Frederic Vassuer, whose successful team ART Grand Prix won the 2015 teams’ championship in the GP2 feeder category.

    Do you think Renault will be successful in their return to Formula One as a team?
    • Like Like x 6
  2. Tobias Röhner

    Tobias Röhner
    Germany's greatest Indycar Fan. Premium

    Bring them back with this livery and I am happy.
    • Agree Agree x 5
  3. They already announced that they will return to the yellow Renault Sports livery. ;)
    • Like Like x 2
  4. Tobias Röhner

    Tobias Röhner
    Germany's greatest Indycar Fan. Premium

    Sounds good! So this one?
    • Like Like x 2
  5. Tobias Röhner

    Tobias Röhner
    Germany's greatest Indycar Fan. Premium

    • Like Like x 1
  6. Matheus Machado

    Matheus Machado
    Talking Door Racing Premium

    This one is better IMO

    • Agree Agree x 1
  7. kedy89


    wouldn't mind one with a bit white in it ;)

    • Agree Agree x 3
    • Like Like x 1
  8. Bram

    Administrator Staff Premium


    Looks a bit big too me :)
    • Haha Haha x 3
  9. SK

    Prince with a thousand enemies. Premium

    Although that one is a personal favourite of mine also... the blue is more to do with Japanese cigarettes than Renault. More likely we get black and yellow like the 2010 car. Still pretty good.
  10. Torcano


    Why do I find that thing oddly beautiful. :roflmao:
  11. Andrew Scott

    Andrew Scott
    Virtual Hoon! Premium

    Who cares if Renault did the deal to return to the paddock, F1 will still suck for entertainment value regardless IMO, it's not like Renault are going to revive the masses interests in the sport.
    I barely watched any of the 2015 season as I lost interest in the circus parade that has become F1. I'd rather watch Indycars or WEC......heaps more action without a litany of rules and regulations that only stifle the racing and the expansion of the series.

    Just my opinion, cheers.
    • Agree Agree x 2
    • Like Like x 1
  12. Who cares how the car looks like? Maldonado will just wreck it anyway in the 1st corner :whistling:
  13. Azure Flare

    Azure Flare
    World's fastest mobile chicane Premium

    Apparently, Renault bought their 90% stake for only £1.

    Seems like a good deal.