Renault signs on as official sponsor for Renault Sport F1
Participating in this sponsorship deal:
About Sponsor:
Renault S.A. is a French automaker producing cars, vans, and in the past, autorail vehicles, trucks, tractors, vans and also buses/coaches. Its alliance with Nissan makes it the world's third largest automaker. Together Renault and Nissan are leading electric car development among major car companies, investing 4 billion euros in eight electric vehicles over the next 3–4 years. Headquartered in Boulogne-Billancourt, Renault owns the Romanian automaker Automobile Dacia and the Korean automaker Renault Samsung Motors. Renault also owns subsidiaries RCI Banque and Motrio . Renault Trucks, previously Renault Vehicules Industriels, has been part of Volvo Trucks since 2001. Renault Agriculture became 100% owned by German agricultural equipment manufacturer CLAAS in 2008.
About Property:
Renault are currently involved in Formula One as a constructor, under the name of Renault Sport Formula One Team. They have been associated with Formula One as both constructor and engine supplier for various periods since 1977.