Last Thursday (26th January) BP and Renault Sport Racing announced a new partnership. BP joins the recently reformed Renault Sport Formula One Team in support of its ambition to fight for the World Championship in the next five years.
In March BP and Castrol will provide fuels and lubricants for the upcoming Formula 1 season which starts in Melbourne, Australia.
“Developing leading fuel and lubricant technologies is a key priority for BP,” commented Tufan Erginbilgic, chief executive of BP Downstream.
“This partnership creates exciting opportunities for the teams in Renault and BP to work together to further our cutting edge fuel and lubricant technologies in the highly competitive world of Formula 1.”
The last time the two companies worked together was during the 1997 season when Williams Renault won both the Formula 1 Constructors Championship and the Drivers Championship
“The return of BP and Castrol, brands with such strong heritage in motorsport, is very good news and opens new opportunities for our Formula 1 team,” said Jérôme Stoll, president of Renault Sport Racing.
“With the new aerodynamic regulations for the 2017 Formula One season, power sensitivity will increase,” said Cyril Abiteboul, managing director, Renault Sport Racing.
“Therefore fuels and lubricants will make an even greater difference to the overall performance of the car than they have since the new power unit regulations have been introduced in 2014.”