Official: Renault completes the process of purchase of Lotus

Renault played his last championship in Formula 1 in 2012 under the name Lotus Renault GP. After completing the acquisition of Lotus, now prepare to return as its own team in the season 2016.

2010 Canadian Grand Prix - Friday Circuit Gilles Villeneuve, Montreal, Canada 11th June 2010 Robert Kubica, Renault R30. World Copyright: Andrew Ferraro/LAT Photographic ref: Digital Image _Q0C5067Andl return of Renault to Formula 1 as its own team in the season 2016 it’s official. The French brand reported that the process of acquisition of the team Lotus Formula 1 has been completed, which seals its return as a constructor to the world championship.

last Friday concluded the process to purchase that had begun on 28 September and the 3 December last had been practically agreed to in its entirety. The Renault Group bought the team Lotus to Gravity Motorsport, a subsidiary of Genii Capital. By the time the French brand has appointed Jerome Stoll as president of the board of directors, who shall be assisted by Cyril Abiteboul as director-general. However you will have to wait until the month of February to get to know which will be the new management structure and which will be the new name to be adopted by the team.

Renault had contested his last Formula 1 World championship in 2012, but his beginnings in the category dating back to the year 1977 until his departure in 1985. However after acquiring the team Benetton returned in the year 2002, with their times but glorious in the seasons 2005 and 2006, thanks to the championships obtained by Fernando Alonso. After its exit as an official team, the brand remained as supplier of engines for other teams.