Tag Archives: f1

Renault buys into Caterham sportscar venture

renault alpine

French manufacturing powerhouse Renault has now taken full control of a joint venture with Caterham to build a super new sportscar under both the legendary Alpine and Caterham brands.

An agreement has been known for some time, but only this week was it confirmed by Renault in a press release.

Excitingly for classic Renault enthusiasts, the new sportscar will brandish only the Alpine marque — no longer being sold as a Caterham.

The press release reads:

“Following a mutual agreement between Renault and Caterham Group, Renault has increased its stake in Société des Automobiles Alpine Caterham to 100%, following acquisition of the interest held by Caterham Group

“Renault will now continue to develop its own Alpine sports car to be launched in 2016, as initially planned. Caterham Group also plans to continue with its own sports car.

“The acquisition brings an end to the partnership signed in November 2012 by Renault and Caterham Group to develop and manufacture sports cars through a joint venture.

Other forms of cooperation could still be envisaged between Renault and Caterham Group in line with each company’s strategic policy directions.”

Rumours that the Crawley-based Caterham Group, which works in road cars and Formula One, were denied by the group’s boss Tony Fernandes amidst speculation on the company’s future.

Advantage of the twin-tusk Lotus E22 for the F1 clear

Lotus: Twin-tusk nose advantage clear - Formula 1

Strong progress is being made on the new twin-tusk nosed Lotus E22 set to storm the new F1 2014 season.

It’s made tracks at the Bahrain test track ahead of the opening day of the new Formula One season.

Read more about its tests here:

http://au.eurosport.com/formula-1/lotus-twin-tusk-nose-advantage-clear_sto4150158/story.shtml