Renault signs on as for Red Bull Racing
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:
Red Bull Racing is a Formula One racing team based in Milton Keynes, England which currently holds an Austrian licence. It is, along with Scuderia Toro Rosso, one of two teams owned by beverage company Red Bull GmbH. The team has won two Constructors' Championship titles, in 2010 and 2011, becoming the first Austrian licensed team to win the title. The team also produced the dual world champion driver of 2010 and 2011, Sebastian Vettel. The team is managed by Christian Horner, boss of the Arden International GP2 Series team. The team has used Renault engines since 2007, and have a contract to do so until 2016.