Williams revived memories of their glory years on Monday by announcing a return in 2012 to the Renault engines that powered them to a string of Formula One titles in the 1990s.
|Last Updated: Jul 04, 2011, 11:56 PM IST|Source: Bureau
London: Williams revived memories of their glory years on Monday by announcing a return in 2012 to the Renault engines that powered them to a string of Formula One titles in the 1990s.
The team, who are currently with Cosworth and also have a relationship with Indian-owned Jaguar outside of Formula One, said in a statement that they had agreed a long-term chassis-engine partnership with the French manufacturer.
The deal, which will see the team use the same engines as world champions Red Bull next season, extends to 2013 with a view to continuing the partnership after the introduction of a new V6 turbo in 2014.
"Our previous relationship with Renault was one of the most successful in Williams` history but we will not allow ourselves to dwell too much on the past," said team principal Frank Williams."We must look to the future and continue to re-build our on-track reputation, which I am hopeful that today`s announcement will help us to do."
Renault are already supplying three teams - Red Bull, Lotus-backed Renault and Team Lotus.
Together, Williams and Renault won 63 grands prix between 1989 and 1997 and four drivers` and five constructors` championships.
Britons Nigel Mansell and Damon Hill, both attending the announcement at the factory, took titles in 1992 and 1996 while Canadian Jacques Villeneuve -- also present on Monday -- was world champion in 1997.
France`s Alain Prost was champion in 1993.Williams said the cooperation agreement with Renault including several other business and marketing opportunities.
"Renault remains in Formula One to achieve success in a cost efficient way and the partnership with Williams has great potential to add to the results we have notched up over recent years with our other partner teams," added Renault Sport F1 president Bernard Rey.
"Williams has recently taken several important steps, both commercially and technically, to update its operations and we feel that this partnership is another important step in its rigorous plan.”
"From 2012 onwards the fact that we will have four partners puts us ahead of other engine manufacturers in terms of market share, but off track it will also enable us to further use Formula One as a marketing platform for our parent company."
Bureau Report
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
Cookies Setting
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device and the processing of information obtained via those cookies (including about your preferences, device and online activity) by us and our commercial partners to enhance site navigation, personalise ads, analyze site usage, and assist in our marketing efforts. More information can be found in our Cookies and Privacy Policy. You can amend your cookie settings to reject non-essential cookies by clicking Cookie Settings below.
Manage Consent Preferences
Strictly Necessary Cookies
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work or you may not be able to login.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They are also used to limit the number of times you see an advert as well as help measure the effectiveness of an advertising campaign. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we may not know when you have visited our site, and may not be able to monitor its performance.