The Renault Formula A person staff will be renamed Alpine F1 from 2021, competing in French colors to showcase the carmaker’s sportscar brand name, new enterprise CEO Luca de Meo introduced on Sunday.
Alpine has a potent motorsport pedigree, in rallying and endurance racing, but has not formerly featured in Formula A person as a constructor. The Renault name will remain on the auto as the motor service provider.
“Setting up from following 12 months we will be racing with the Alpine brand name,” De Meo instructed reporters forward of the Italian Grand Prix at Monza.
“The auto will be symbolizing the historical colors of French motoring with the blue and Tricolore.”
Reduction-generating Renault last 7 days introduced a new organizational construction focused on 4 divisions relatively than geographical locations, with Renault F1 staff principal Cyril Abiteboul overseeing Alpine.
The Renault group revived the Alpine brand name and its two-seater products in 2017, updating a basic design which hit a peak in the sixties and 70s.
Pricier products like the Alpine could assistance improve the group’s extended term profitability, with De Meo saying last 7 days that Renault’s ‘center of gravity’ experienced to be extra upmarket.
“We will use Formula A person as a system to marketplace a brand name that we want to acquire,” he claimed on Sunday.
“Even if Renault is a superb brand name, the healthy within the Formula A person globe of Alpine can be even better,” additional De Meo. “I consider that Formula A person need to be a championship of constructors with models that make persons dream.”
The carmaker has committed to Formula A person until finally at the very least 2025 immediately after signing a new professional settlement.
Formula A person is also introducing a $one hundred forty five million spending plan cap following 12 months.
The 2021 Alpine staff will characteristic Spain’s Fernando Alonso, returning to a staff in which he was a double globe champion extra than a decade back, and Frenchman Esteban Ocon.
“This adjust comes at a key second in the trajectory of the staff and the sport,” Abiteboul claimed in a statement.
“The implementation of the spending plan cap will place an conclude to the cost race and will let the signatory groups to be measured for their sporting value. Alpine has its put in Formula A person and can obstacle for victory.”