Renault Sport Racing to continue Red Bull Supplier Partnership
By: S. Harding, Xiro Xone News May 29, 2016 Updated: 3:03 AM
Renault Sport Racing and Red Bull Racing have confirm they will continue their ongoing partnership for the supply of the power units currently badged as TAG Heuer for the 2017 and 2018 seasons.
Toro Rosso have also signed two-year deal to run Renault power over until the end of 2018.
Renault has supplied Red Bull since 2007, winning its four world titles with the French manufacturer, but after a second consecutive year with an uncompetitive power unit and unable to secure a alternative engine supplier for 2016, fate would have Red Bull stick with Renault this season with its power units under the name of watch manufacturer TAG Heuer.
A sizable amount of upgrades over the winter and ahead of this weekend's Monaco Grand Prix have seen Renault narrow the gap to Mercedes and Ferrari, with Red Bull winning the Spanish Grand Prix two weeks ago and taking pole position in Saturday’s qualifying. Red Bull Racing’s principal Christian Horner was pleased the new deal.
"We are delighted to extend our partnership which has proved very successful over time," he said. "After the reconstruction that Renault has undertaken, clear progress has been made which has made it logical to continue with the TAG Heuer badged engine."
Jérôme Stoll, president of Renault Sport Racing, added: "We are very pleased to partner with two such strong teams as Red Bull Racing and Scuderia Toro Rosso. Having competitive partners demonstrates the confidence both have in the improved Renault power unit and in our organisation as a whole."