Renault Sport F1 Team, while far from being the longest entrant in the Formula One world championship, has changed their team name to a simpler label.
As of today, the team will simply be known as Renault F1 Team. The company said this simpler and more natural designation is intended to strengthen the link that has existed for more than 40 years between Renault and Formula 1.
Renault finished fourth in this year’s world championship, their best result since returning as a ‘works’ team in 2016. Next year marks a significant shift in resources for the team, as the technical team can be more focused on its own ‘works’ team after ending a 12-year relationship with Red Bull Racing.
Ex-Red Bull Racing veteran Daniel Ricciardo, winner of seven Grand Prix including this year’s Monaco race, joins the team in a bid to uplift Renault F1 Team to world championship contenders. He will drive alongside Nico Hulkenberg.
Renault F1 Managing Director, Cyril Abiteboul told the paddock that Renault will also be using an all-new power unit (engine, turbocharger, and energy recovery systems) from next year, as the current design and architecture has reached its peak performance potential.
The all-new power unit is scheduled to begin its first official test session as soon as February. Renault meanwhile also supplies the power units to McLaren F1 Team.