The Renault Sport F1 Team announced on Thursday that BP/Castrol have joined the outfit as official fuel and lubricant supplier replacing long term partner Total.
Speaking about the new partner, President of Renault Sport Racing Jerome Stroll commented by saying:
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. BP’s commitment highlights the ongoing appeal of Formula 1 to major multinational companies. We are very proud and motivated to have a technical partner and sponsor of this calibre.
Chief Executive of BP Downstream, Tufan Erginbilgic commented by saying:
Developing leading fuel and lubricant technologies is a key priority for BP. 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.
Managing Director of Renault Sport Racing Cyril Abiteboul commented on the announcement by saying:
With the new aerodynamic regulations for the 2017 Formula One season, power sensitivity will increase. 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. The teams at BP and Castrol are very excited by the challenges offered by Formula One and we are confident they will help us achieve our ambitions for our new car in 2017 and beyond.
The partnership will see the BP Ultimate and Castrol Edge brands used by the Renault Sport F1 Team. The last time they were all together was in 1997 when they supplied the Williams team when the Grove based outfit won both the Drivers and Constructors championship. Speaking about the deal, BP Lubricants COO, Mandhir Singh commented by saying:
The vision that Renault has to be the best team in Formula 1 is something we at Castrol, and across BP, are proud to be a part of. “Joining the team at this point means we can work together on innovative solutions and be part of creating new success stories.