Team Lotus and has extended its engine supply deal with Renault Sport F1 for a further year, meaning the two parties will be together until the current engine era finishes at the end of 2013. From 2014 onwards, Formula 1 will be switching to 1.6-litre, V6 turbo powerplants.
The deal also confirms that Tony Fernandes’ squad – which could be rebranded as Caterham Formula One from next season – will be retaining support from Red Bull Racing until the end of 2013, meaning its new KERS will also be supplied by the World Champions.
“Having established an incredibly good working partnership since the first days of our agreement, we are absolutely delighted that Renault Sport F1 and Red Bull Technology will be playing such an integral role in the ongoing development of our team until at least 2013 and then we are aiming to keep working together when the new rules are introduced,” says Team Principal Fernandes.
“They are both passionate, dedicated teams of people with whom we have a growing relationship that is creating a number of exciting opportunities for us for the future. They share our vision for where we want to take our team, and we are very proud to have their power pushing us forward.
“Not only will we be able to build on everything we have learnt through working with Renault and Red Bull Technology in 2011, but we will now have the added benefit of KERS for next year, which really is a major step forward for our team.”
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