This Thursday, Renault has made official an agreement of collaboration with BP, the global company of fuel that returns to Formula 1 after several years of absence. It will do this through their line of lubricants Castrol, which it acquired in 2002. The brand has signed as the new official partner of Renault, and is expected to do the same with McLaren-Honda in the next few weeks.
BP and Castrol come, therefore, to replace a Total that, in turn, terminated its presence in Formula 1 after having left also be the company that supplies Red Bull, which has been signed with Exxon and Mobil 1. All of this means an important movement of sponsorships and suppliers ahead of the season 2017. There is no anticipated change in the rest of structure: the teams, Ferrari will continue with Shell as a supplier, and those with the Mercedes engines will keep Petronas.
The chief executive of BP, Tufan Ernginbilic, has commented that “to develop leading technologies in fuels and lubricants is a key priority for BP. This partnership creates exciting opportunities for the teams of Renault and BP to work together in order to improve our leading technologies in the highly competitive world of Formula 1. With the new rules for aerodynamic 2017, the sensitivity of the power will increase. Therefore, gasolines and lubricants would lead to an even larger difference to the overall performance of the car, which have of course since the new power units are introduced in 2014. Teams of BP and Castrol are excited by the challenges that the Formula 1 has to offer, and we are confident that you will help us to achieve our ambitions for the new car in 2017 and beyond”.