Should a final purchase be agreed, Renault can focus on which driver they wish to sign as a 2016 partner for Pastor Maldonado, the Venezuelan having been confirmed on the Sunday of this year's Grand Prix in Singapore. Though 2011 marked the withdrawal of a Renault team, they have continued to be involved as an engine manufacturer - indeed only Ferrari and Ford engines have claimed more victories in the sport. rFactor F1 2011 Lotus Renault GP - download Formula1GPblog 46 subscribers Subscribe 8.8K views 12 years ago The legend comes back. Renault have a long-standing history in F1 competition, with their first works team effort dating back to 1977. "Renault Group and Gravity will work together in the coming weeks to eventually turn this initial undertaking into a definitive transaction provided all terms and conditions are met between them and other interested parties." Team Lotus was an F1 team, based in England, that raced from 1954 to 1994. 2 Before the season started, Robert Kubica was set to be one of the drivers for Renault. 1 Two teams will use the Lotus name in 2011. "The signature of this Letter of Intent marks Renault's first step towards the project of a Renault Formula 1 team from the 2016 racing season thereby extending 38 years of commitment of the brand to world's premier motorsport championship series. Renault RS272011: P: 1 Sebastian Vettel: 1-16 Daniel Ricciardo: 2 Mark Webber: 1-16. The full statement from Renault Sport read: "Renault Group and Gravity Motorsports S.a.r.l., an affiliate of Genii Capital SA, are pleased to announce the signature of a Letter of Intent regarding the potential acquisition by Renault of a controlling stake in Lotus F1 Team Ltd. It also includes steering wheel, seat and the new Pirelli tire with four diferent color schemes depending on the rubber compound. Realistic, detailed and textured FormRenault R31 car model included in multiple 3D formats. The signature of the letter, agreed between the Renault Group and Gravity Motorsports S.a.r.l - an affiliate of Lotus owners Genii Capital SA - is the first formal step towards the formation of a Renault Formula One team, which would compete from 2016. by Juan Carlos Jimnez Vadillo 'Anypixel' in Resources.
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