Renault will focus resources on its aggressive goals for Formula 1, and look forward to continuing to gain benefits from motorsport racing across the Alliance with Nissan.
Renault Sport Racing and Nissan will work together to ensure a smooth transition, leveraging the expertise and development already available.
Renault today confirmed it will exit Formula E at the end of season 4, in July, 2018 as official title sponsor of e-dams. An inaugural partner in Formula E, the Renault e-dams team clinched its third consecutive FE season championship in Montreal at the end of July 2017 and will soon begin season 4.
“We had an incredible championship run during our first three years in Formula E and look forward to a competitive fourth season with the benefit of a very stable environment at Renault e.dams,” said Thierry Koskas, Groupe Renault EVP sales & marketing. “As a pioneer in EV, we have learned a tremendous amount about high-performance electric vehicles and energy management that directly benefits our EV customers. After season 4 we will focus resources on our aggressive goals for Formula 1, and look forward to continuing to gain benefits from motorsport racing across the Alliance with Nissan.”
Renault-Nissan-Mitsubishi make up the world’s largest automotive alliance, focused on collaboration and maximizing synergies to boost competitiveness. This includes converged functions between Renault and Nissan in engineering, manufacturing and purchasing, and the Alliance goal to move towards increasingly common platforms, notably in electric vehicles.
“Across the Alliance, our engineering teams will be able to share performance data that benefits all brands. Diversifying our racing strategy while still benefiting from the experience we gain from our motorsport programs, is one of the resource multipliers of being part of the Alliance,” added Koskas.
Given the competitiveness of the environment, Renault Sport Racing and Nissan will work together to ensure a smooth transition, leveraging the expertise and development already available.